Cheapness of labor is also indicative also of the purchasing power of the place. Yes you'd be able to hire people for cheap, but it also means the people gettin

Cheapness of labor is also indicative also of the purchasing power of the place. Yes you'd be able to hire people for cheap, but it also means the people getting paid little are able to afford the basic necessities. Also, cheap labor equates to more demand and therefore means a higher net income.