They wear clothes and buy food and don’t look like they are struggling to survive. This is because of economies of scale. Something handmade that takes tens of hours to create will be very expensive. However, something standardized and mass produced by machines will cost much less. Corporate giants like Wal-Mart take advantage of economies of scale by producing clothes and products on huge scales, which lower the prices of those products. They can sell products for cheap because they have cheap input prices and production costs. This sets up the illusion that the poor are actually well off when in reality most of them struggle on a daily
They wear clothes and buy food and don’t look like they are struggling to survive. This is because of economies of scale. Something handmade that takes tens of hours to create will be very expensive. However, something standardized and mass produced by machines will cost much less. Corporate giants like Wal-Mart take advantage of economies of scale by producing clothes and products on huge scales, which lower the prices of those products. They can sell products for cheap because they have cheap input prices and production costs. This sets up the illusion that the poor are actually well off when in reality most of them struggle on a daily