Synthesis Exercise
An economic system is a method that tries to make people satisfy their needs. There are many businesses that follow the rules and work well in America; the successful one is Wal-Mart. In fact, all particulars of Wal-Mart, convenience and cheapness, are beneficial for all Americans. In 2005, Wal-Mart is planning to build a new supercenter in the Carbondale-Murphysboro area. The action is good for all the residents in these locations. Moreover, it also creates numerous job opportunities for these areas.
First of all, one of the advantages of Wal-Mart is convenience. From clothes to cosmetics, from gloves to golf balls, people always can find everything they need in Wal-Mart, because of the multi-choice of goods. In addition, people have no worry about how to find a parking lot when they are go shopping, due to the fact that Wal-Mart has bought vast land in Jackson County. Besides, the best service is that it is open twenty-four hours for seven days. People can get cold beverages for their movie time even at midnight. Undoubtedly, it is the soul of Wal-Mart, to supply people’s essential requirements.
Second, the biggest advantage of Wal-Mart is cheap price. Remember the advertisement slogan about Wal-Mart? “Always low prices” is a critical point and emphasized for reinforcing the impression of it to people. According to Hoenig (2004), Wal-Mart can save over 2,000 United States dollars for a family per year. It is an essential point for all middle-class workers. Because the commodity prices are rising year by year, people should learn how to save money in an efficient way. In addition, Wal-Mart always has discount sales for some goods to attract the consumers. As a result, people use less money to purchase the same commodities compared to other stores and has the same right of guarantees and warranties.
Finally, the existence of Wal-Mart can provide hundreds of jobs to people. Hoeing (2004) stated that “In 2005, Wal-Mart created 125,000 U.S. jobs, and is continuously adding thousands each month” (para. 28). Once Wal-Mart opens, it must hire people to support its running for the whole business. In this case, it is not only contributing to the welfare of residents, but also that of college students. Especially, there is Southern Illinois University of Carbondale in the area; therefore, students can get a part-time job to earn the tuition or cost of living.
Some people claimed that Wal-Mart just provides a little salary and health insurance for their employees. According to UFCWIU (2005), Wal-Mart’s employees’ annual wages was under the poverty line for a family of three in 2001. However, people have to think about the fact that War-Mart usually offers jobs to people who find it hard to get a job in America society, such as housewives, students and people who do not own an outstanding degree. In fact, most positions in War-Mart are cashiers that everyone can fit competently without any special skills. In other words, Wal-Mart alleviates the poverty problem in the United State and increases the tax revenue for federal governments.
In conclusion, it is unquestionable that Wal-Mart improves our life quality and deeply touches our need. These days, Wal-Mart has become a necessary part in our life. Considering all above these, building a Wal-Mart supercenter in Carbondale-Murphysboro area is beneficial for all the dwellers. Moreover, it is an unavoidable tendency for us to have economic inflation in the future. Shopping in Wal-Mart is a great solution that can save your money.
Reference
Hoenig, J. (2006, February). Welcome Wal-Mart. Capitalism Magazine. Retrieved on November 29, 2007, from http://www.capmag.com/article.asp?ID=4561
UFCWIU. (2005). The real facts about Wal-Mart. Retrieved on November 29, 2007, from http://www.wakeupwalmart.com/facts/
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