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> China didn't succeed because they can make better T-shirts than the US. They succeeded because they made cheaper T-shirts. Can China make the same quality T-
by gottorf 3y ago
> China didn't succeed because they can make better T-shirts than the US. They succeeded because they made cheaper T-shirts.
Can China make the same quality T-shirts as the US, but at a cheaper price? Then it could be considered better. For most things involving ordinary people, what matters is not what the highest possible quality thing is given no price constraints; what matters is what is economically feasible.
- onlyrealcuzzo 3y agoThe largest company in the world - Apple - would beg to differ. People care about quality in many profitable very large industries: health care, technology, military, automotives, aircraft, etc. Do you really want to fly on the cheapest airplane money can buy? No.