Question

Read the following:

Identify 3 reasons why Wal-Mart might be good, and 3 reasons why Wal-Mart might be bad for America. Then indicate your opinion, and why.

Answer 1

Walmart is good as:
i). A typical American family of four about 2500 dollar a year is saved by Walmart. It is related to what a family of four gets in the form of food stamps from government. Walmart is treated as an antipoverty force in the United States.
ii). It is a pipeline distribution system of wealth from rich to poor countries.
iii). Walmart was treated as the largest retailer in the world since 1990. 2/3 global rate of poverty has been reduced by it. In history, it is the sharpest decrease in human poverty. During that period more than 1 billion people have been lifted from poverty.
Walmart is bad as :
i). Its focus is on part-time workers. As a result of which they get total wages that grant them to Medicaid and SNAP (food stamps).
ii). It leads society to subsidize Walmart and accredit workers to be paid in the form of poverty wages.
iii). It makes suppliers cut corners.