People in the community can buy cheaper products nowadays. Do the advantages outweigh the disadvantages?

It is a well-known fact that consumer goods have been increasingly cheaper in recent years. Despite some obvious benefits associated with

this

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phenomenon, they fail to justify the overwhelming flaws. On the one hand, there are two primary advantages to the greater affordability of existing product lines.

First

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, since more and more people can afford now basic necessities, living standards have vastly improved. In fact, many households

are able to currently

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are currently able to

purchase

television

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a television

and refrigerator that meet their needs for entertainment and food storage.

Second

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, when commodities are offered at lower prices, public purchasing power is boosted and

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drives economic growth. With prosperous economic, government is well-placed to collect more taxes and invest

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money in key fields,

such

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as education and

healthcare

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health care

.

On the other hand

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, the glaring drawbacks of the rise of low-priced

merchandize

commodities offered for sale

merchandise

far outweigh these aforementioned positives. By using cheaper quality products, the public risks compromising their well-being. Some manufacturers are likely to resort to utilizing substandard materials and skipping many steps in the production process as a way to cut costs, resulting in lower safety levels for consumers.

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, if the trend towards affordable items is accelerated,

labor

a social class comprising those who do manual labor or work for wages

labour

exploitation will rampant. In China’s emerging sweatshop,

for example

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, underpaid workers have to work long hours in appalling working condition to produce ever-cheaper garments and electronic gadgets. In conclusion, society as a whole has more to lose than gain from the cheapening of goods.

However

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,

this

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development is almost inevitable, given the present emphasis on catering for growing consumption demands and achieving economic

prospering

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prosperity

.