Summary: Does Walmart Negatively Affects The Economy

How Walmart Negatively Affects the Economy and Communities Everybody knows about Walmart, the giant corporation that has taken root in countries world wide, but not everybody knows how it negatively affects the economy, communities, and the people that it employs. Walmart gives the impression that it cares for its employees and customers, however, that has been disproven many times when they take advantage of their workers, have a lack of security, and when they disregard any care for the environment. While Walmart may appear as an honest company, it is nothing else but a front to exploit people and make the biggest profit possible. Walmart appears to help the economy because they buy and sell a lot of goods from different areas, and they offer

In order to keep their prices low for their consumers, Walmart buys a lot of good overseas, and also has factories overseas so that they can get away with treating their workers in a less than adequate way. For example, workers overseas can get paid as little as $35 a month, and they can receive beatings for doing work that does not get deemed satisfactory (Timothy Jordan). If Walmart kept the jobs in the United States, then that would create more jobs to strengthen our economy, and we would rely less on foreign entities. Nonetheless, they ship these jobs overseas so that they make a bigger profit and do not have to worry about government intervention. Not only does Walmart hurt the economy, but it also hurts the communities where the store resides. When a Walmart enters a community the value of the other businesses plummets, and this causes a loss a growth in new businesses in the area (Walmart Movie). The giant corporation also pushes small businesses out of communities, because they offer a variety of goods at lower prices. This makes the average consumer want to go to Walmart because they can get most, if not all, of his or her shopping done in one