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Summery The economic markets are always changing, and when one country is effected, many others are as well. The American economy is very versatile. Some years it can be improving, but then other years it shows the opposite. For the past few years the American people have been finding difficulty finding jobs. Although, many Americans do have jobs, but the work may not be in demand. This is because of the markets America has set of in other countries. Many other countries do their work for less income. For example the average American makes about $47,000 per year, and the average Chinese person makes only about $10,220. This difference has had an effect on the American economy. It is cheaper for businesses to ship their work across to China, have it made, and send it back to America for less than it would take to just make here. So, a good amount of work is sent to other countries which causes many people to loose their jobs. The economic markets across the world are continuously having an effect on the American people and society.

Relavence Work effects ever single person in America, whether their age, race, or sex. Many people are trying to get jobs or trying to keep them. Many businesses are shutting down or moving, making it difficult to maintain a steady job. An example would be the the book manufacturing company, Vail Bleu. At the end of 2009, it closed down and a few of the workers were transferred to Maple Press in York, PA. Vail Bleu was closed because of insufficient work. Many of the books they printed were being printed at other companies, and in other countries. Finding a job in the economy today is difficult as well. Many teenagers are having a hard time trying to find work. Most jobs are already taken, or places they have planned to work at are closing. Finding work is not only difficult for teenagers, but under some circumstances adults also have a tough time. Finding a job is not always the easiest thing to do, especially in an economy that is always changing.

Explanation In class we discussed the stock market crash and the Great Depression. These are two major events that changed America forever. The Great Depression lead to the New Deal, which was a system of organizations designed to help improve the American economy, stock markets, and international markets. The article talks about how jobs can be difficult to obtain due to economic situations, and this is the same thing that was happening during the depression era. The article is related to the theme globalization. Globalization can deal with many things, but the most important it the economy and the economic markets. This is because the economy effects every one in the world, and it does not matter if you are from American, Africa, or China because everyone is always being effected. The article describes how American markets greatly effect the American people. As American jobs increase, the economy will strengthen, which will in turn create even more jobs. If the jobs are being given to international businesses, than the American economy will only grow weaker, and less jobs are being created. This is where the economy lies today.

Questions 1. Could the American government lower the costs of production in order to keep business in America? 2. If the government did do this, would the economy actually improve at all or would situations be made more difficult? 3. If more businesses were created, and more jobs created would that help America? Or would the businesses follow the pattern of sending their work to other countries.

Works Cited

Edsall, Thomas B. "Is This the End of Market Democracy?" Campaign Stops. The New York Times, 19 Feb. 2012. Web. 08 Mar. 2012. .

MoneyBuilder. "One Big Difference Between Chinese and American Households: Debt." Forbes. Forbes Magazine, 24 June 2010. Web. 03 Mar. 2012. .