outsourcing in a country?

Question

Does outsourcing other countries have a positive impact on the economic growth and citizen's welfare of a country? (could you please type in some details too?)
thank you :)

Answer 1

Negative impact. It makes poorer countries richer by transferring wealth from a wealthy country to a poorer country.

California has lost a lot of jobs due to outsourcing. The government said it would create more jobs in California. The government was really wrong. A lot of Americans lost their jobs, and had their cars and homes taken away from them.

To make the situation worse, the U.S. taught a foreign country how to compete against our companies. It is bad to create future competition.

In France, voters are looking at only electing a president that is against outsourcing.

Outsourcing does help the rich in the country that is doing the outsourcing, but it hurts the average person. Outsourcing increases profits by not having to pay normal wages.

Answer 2

Don't forget that outsourcing means that a company saves money(not all outsourcing goes to foreign countries). The money saved ideally goes toward cheaper goods and services for the people to purchase. With more money saved, the people will spend more and therefore create more jobs.

There is a positive impact on both the domestic and foreign economy.

Answer 3

It definitely began previously interior the 60's, with specially bookkeeping amenities being outsourced. It persevered, creeping into further and extra technical amenities till by the 70's practically all electronics have been being made in Taiwan. issues unfold from there, and because there have been no tax effects for doing it, the companies took finished benefit, with out concern in any respect related to the yank worker. It grew to become into effectual throughout the time of Reagan's conflict to weigh down all unions. it is been to blame for greater and better salary each 365 days, none of which grew to become into back to the rustic the agencies began in. It grew to become into additionally contributed to by the shortcoming of engineering and different technological know-how levels from US colleges, at the same time as different international places, surprisingly China, began to offer multiples of the tiers interior the U. S..