Monday, December 3, 2012

The People's Republic of Capitalism

     Today in class we continued watching the YouTube video an moved onto part two of the video. This video is all about the interdependence between the US and China. one important relationship between the US and China is the economy. People in the US are losing jobs because Americans wont work and do hard labor for little amounts of money, but the Chinese will. So, American people lose their jobs because all the these big companies lay people off of their jobs because , why pay more money to receive the same exact labor. But, there's a twist. This may sound bad because Americans are losing their jobs, BUT, since the companies are paying less money to have all of these items made, it costs a much lower price.
   In the video today it talked about the crowdedness of major cities. The automobile industry has just been introduced to China. Before cars, people commuted to destinations by mostly bicycle and by foot. Now with  have automobiles and an immense population, China's road systems are extremely loud, dangerous, and crowded. Also, most people never learned how to drive. So, imagine millions of people who are not particularly good at driving, driving around everywhere. 

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