3 ms·
Wouldn't manufacturing tend to move to the next cheapest place, rather than to the USA? Not that I know where that would be, maybe India or Latin America?
by Fargren 4y ago
Wouldn't manufacturing tend to move to the next cheapest place, rather than to the USA? Not that I know where that would be, maybe India or Latin America?
- mjevans 4y agoThe south-east Asia countries near China or maybe costal areas of Africa? It would help if they have a stable government and resistance to climate change.
- spaceman_2020 4y agoWay more complicated than simply "next cheaper place". Modern manufacturing has long, really, really long supply chains. You also need a mix of labor (low-end, mid-range, high-end). The Chinese-focused East-Asian manufacturing worked because you could get mid-range labor from China/Malaysia, low-end from interior parts of China/Vietnam/Bangladesh, and high-end labor from Korea, Taiwan, and Japan. Latin America is a good candidate because of the easy availability of raw materials and short supply lines to America. But their internal stability is a huge problem.