Throughout mankind’s history, humans have always seemed to have a barter system in place for all of their trades. From trading trinkets for food to the modern day practice of trading money for goods, capitalism has grown and flourished not only in America, but in many countries around the world. From the simple shopkeeper of the community general store of the past all the way to the CEO of the modern day retail giant, the retail trade has become a part of our everyday lives. There is not a day that goes by that we are not purchasing a good, whether it is the gas that we put in our car, or the new shoes that we get from the outlet mall or even the wifi that we buy in our homes.
Literature Review
There are several articles on the topic of the retail trade and the effects that “Big Box Retail” has had on the economy and the local communities. The article Futurework-Trends and Challenges for Work in the 21st Century talked about how the labor force demands have changed in not only retail, but across the entire job market board. The late 18th and early 19th century helped to usher in the Industrial Revolution and the economy soared and people lived well. Now, at the start of the Technological Revolution, trends are changing and many people are finding that they have to adjust. In the Journal of International Affairs the article “Global Poverty in the Late 20th Century” discusses the global economy and how globally unemployment is about 1 billion people. …show more content…
Companies in the United States and other developed countries have sent labor overseas where labor and materials both are super cheap.
Big Box retail has become more of a norm than the exception in today’s society. The ravages that they leave behind, such as the people who work for them, are growing bigger every year. Harms of Big Box Retail | Good Jobs First
The dream of being a business owner is something that many Americans can empathize with. For some, that dream came true, for example Sam Walton. Wal-Mart is the largest chain store today. Unfortunately, the vision that Sam had is not the way that this store is going today. Geopolitics, History & International Relations
Big box retailers are not the sunshine and happy days that they want you to think they are. They have many negative effects on communities and small businesses. Generally, communities are better off with small businesses instead. Key Studies on Big-Box Retail & Independent Business | Institute for Local Self-Reliance. Times are changing in our society. If things continue in this fashion, it is scary to think of the world that our children will inherit from us. American Journal of Economics and Sociology Stores in the 1940’s and 50’s were a complete different creature. Going shopping was something you got dressed up for and store loyalty really meant something. Customer service was not just lip service and prices could be negotiable. The History of Department Stores. Discussion The inventors of the 18th and 19th centuries made great contribution to the development of Britain, Europe, and America, laying the foundation for these regions to grow at unprecedented rates over the next century. The American South was developed through the steam boats
Literature Review
There are several articles on the topic of the retail trade and the effects that “Big Box Retail” has had on the economy and the local communities. The article Futurework-Trends and Challenges for Work in the 21st Century talked about how the labor force demands have changed in not only retail, but across the entire job market board. The late 18th and early 19th century helped to usher in the Industrial Revolution and the economy soared and people lived well. Now, at the start of the Technological Revolution, trends are changing and many people are finding that they have to adjust. In the Journal of International Affairs the article “Global Poverty in the Late 20th Century” discusses the global economy and how globally unemployment is about 1 billion people. …show more content…
Companies in the United States and other developed countries have sent labor overseas where labor and materials both are super cheap.
Big Box retail has become more of a norm than the exception in today’s society. The ravages that they leave behind, such as the people who work for them, are growing bigger every year. Harms of Big Box Retail | Good Jobs First
The dream of being a business owner is something that many Americans can empathize with. For some, that dream came true, for example Sam Walton. Wal-Mart is the largest chain store today. Unfortunately, the vision that Sam had is not the way that this store is going today. Geopolitics, History & International Relations
Big box retailers are not the sunshine and happy days that they want you to think they are. They have many negative effects on communities and small businesses. Generally, communities are better off with small businesses instead. Key Studies on Big-Box Retail & Independent Business | Institute for Local Self-Reliance. Times are changing in our society. If things continue in this fashion, it is scary to think of the world that our children will inherit from us. American Journal of Economics and Sociology Stores in the 1940’s and 50’s were a complete different creature. Going shopping was something you got dressed up for and store loyalty really meant something. Customer service was not just lip service and prices could be negotiable. The History of Department Stores. Discussion The inventors of the 18th and 19th centuries made great contribution to the development of Britain, Europe, and America, laying the foundation for these regions to grow at unprecedented rates over the next century. The American South was developed through the steam boats