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America's Billion Dollar Addiction: Apparel Importing
Episode 51
Clothing has long been one of America's most popular budget spending items. Unfortunately, much of these garments are produced overseas in countries like Bangladesh, Myanmar, India, and China- where labor is often much cheaper than in developed countries like the United States. As a result, shoppers in the US are able to find clothes at incredibly low prices, due to the low wages being paid in the factories supplying these clothes. In this episode I review America's dependence on the import apparel market and the global effect it has on wages for workers in poor areas of the world.
00:00 Intro 2:25 US Apparel Imports 6:30 The History of Apparel Imports to the U.S. 12:00 Wages To Apparel workers 18:00 Why are wages lower/ 21:50 Defending the Import process 26:20 Connect with us
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Published on 2 years, 9 months ago