Would buying American made cars(for the most part), products rather than any other country help our economy?

Answer 1

Yes. Anything that creates jobs would help...

The problem is the cars we are producing are gas guzzlers and overpriced. Nobody wants to buy. I think our American companies are either plain ole slacking or in bed with the oil companies.

Answer 2

Nope. This would help the American auto industry, while hurting a whole bunch of other American industries. The net result to the society would probably be a loss.

If foreign companies sell less cars in the U.S., they will buy less American equipment and materials to make those cars, delay or cancel upgrades to their (generally) American-made ERP and CRM systems, pay less to American port workers who unload those cars off the ships, etc. Also, their workers would earn less, so they will spend less on things like leisure travel aboard American-made airplanes (so foreign airlines would not buy as many of them) or watching American-made movies in theaters or on DVDs.

Answer 3

Yes to some extent it helps the US economy in the following ways:
1. it reduces the value of imports and thereby reduces trade deficit and hence current account deficit which are high and rising and their reduction means less pressure on the dollar to depreciate.
2. It helps more America based factory made cars to be sold instead of imported foreign cars, therby improving the profits of the American car makers and also local employment in American car factories increases.

Answer 4

particular. have you ever stopped to ask your self why Japan, China, and maximum different industrialized countries interior the international do no longer import U.S.-made autos? because of the fact they do no longer choose their vehicle manufacturures to have any opposition. this means that the money spent on the acquisition of autos for the main area, keeps to be of their very own economic gadget. additionally, this secures jobs for vehicle workers, engineers, computer, and tech industries as each little thing is saved interior of that u . s . a .. Why else do you think of lots of OUR vehicle production jobs are slowly dissappearing? because of the fact we've chosen to offer those human beings our employer besides.

Answer 5

So they say.... Since most of the business' like that are "outsourced" to other countries, it gives those countries a better economy... so Yes... I would say KEEP IT IN AMERICA... or... Buy American! lol....

Answer 6

it depends on how rich you are.