Assessing Walmart’s Economic Impact

Assessing Walmart’s Economic Impact

Is Wal-Mart good or bad for the economy?

There is a great amount of debate on this topic due to Wal-Mart’s huge nationwide impact. The two main thoughts on this argument are that Walmart destroys local businesses due to low cost products, and underpaid employees. The counter argument is that Wal-Mart supplies cheap user friendly goods to low income families, and supplies countless numbers of jobs. The debate is fueled by Walmart’s growing presence in the grocery store arena, and those that believe that Wal-Mart is too much of a monopoly and it’s destroying local economies.

Those that argue Wal-Mart has a negative impact on the economy complain that Wal-Mart’s…