GGR208H5 Lecture Notes - Lecture 12: Free-Trade Zone, Periphery Countries, Free Trade
Document Summary
Consumption and globalized production of goods: the t-shirt. Population movement in different directions: periphery core (major labor movement i. e. / tfwp) and periphery periphery. Resource inequality: related to wealth inequality, uneven natural resources uneven wealth. Popular criticism of globalized production of consumer goods. What is going on in the following political cartoons? (sweatshop conditions globally) (contemporary anxiety about globalization) Anxiety that periphery countries are now going to replace american workers. Savings are actually very small from buying cheaper clothes. In 1990, median income of american family was ,894. Families spent on average 6% of their total income on clothing. Studies show that cheaper clothing only saved families between 0. 1 and 0. 6 % of yearly income on clothes. (very small: the benefits of trade liberalization*** are not evenly spread. Low income families may benefit from buying at retailers like. North american used to make clothing: and reduced tariffs and taxes undermine domestic production:
