This section contains 276 words (approx. 1 page at 300 words per page) |
American Foreign Protection Policies
and should be able to interfere with the economy by protecting and promoting American
goods.
The US government is sort of like a coach. They are willing to go out on a limb to
keep their team together (American businesses) and keep them trying their hardest (by
placing tariffs on other countries to help protect American products), because it protects
the country's best interest.
It is said that the US is a market economy, a system in which the allocation of
resources is determined by the free operation of the forces of supply and demand and
market prices. This is true, but only under the exception that it protects the US's well-
being when it is being threatened by an overseas competitor. In doing this, the US hopes
that foreign countries trying to sell their imports will have to raise the price of their goods
due to tariffs. This is a very hard thing to do because the US has to keep their tariffs
reasonable. Many other countries can produce products at a much cheaper cost then the
US because their workers have lower salaries, aren't protected by unions, don't get
vacations, sick days, hour lunch breaks, and aren't covered by medical bills and such
from their employers.
The benefit of Americans buying American products is that it keeps the money in
the country, which helps the economy grow. A change in the economy affects everyone,
and I think with the government trying to maintain order and protect American
businesses and the economy with their protection policies, we can all benefit.
This section contains 276 words (approx. 1 page at 300 words per page) |