Quarter 2 - Assignment 2: David Ricardo (Maria Nunez)

Shifting jobs overseas to take advantage of cheap labor and natural resources is not the best possible solution for our economy.  There are other possible solutions for our economy.  One solution is to follow the laissez-fair approach.  The laissez-fair approach states that the government must not interfere in the free operation of the economy.  Therefore, our government must not shift jobs overseas in order to take advantage of cheap labor and natural resources.  Another solution is to make goods more affordable and available to everyone, which can be achieved through the free market.  This would be better for our economy than shifting jobs overseas.  A third solution is to increase wages.  Wage increases are futile because they will cover the cost of necessities.  When wages are high, families have more children instead of raising the family's current standard of living.  This action causes our economy to drop.  A final solution is a decrease in the size of families. This would be the most beneficial for our economy.  Individuals should be left to improve their lot through thrift, hard work, and limiting the size of their families in order to increase our economy.  In conclusion, shifting jobs overseas to take advantage of cheap labor and natural resources is not the best possible solution for our economy.