GEOG 332 Study Guide - Quiz Guide: Walmart, Externality, Megacorporation
Document Summary
How some companies deal with not selling through wal-mart. Environmental and social justice concerns created through wal-mart. The wal-mart economy: goods are very cheap, and consumers rely more on cheap products than moderate to high quality ones. Fishman is concerned that the products sold at wal-mart are too cheap (too good to be true) Devastating success - wal-mart pushes its partner companies to produce more at faster rates than they can handle due to the inflation of production since wal-mart"s recession rates would weaken the quality of other companies" products sold through wal-mart. Counties in 1989 that had a wal-mart had increased poverty rates 10 years later. There are plenty of wal-mart stores in the us and the world. Wal-mart has a scarce effect on jobs. The consumer price index is distorted by wal-mart"s low prices since it does not take low prices to account.