The Effects of Outsourcing on the U.S. Economy Argumentative Essay by Nicky

The Effects of Outsourcing on the U.S. Economy
An argumentative paper on the effects of outsourcing on the U.S. economy.
# 149242 | 1,900 words | 2 sources | APA | 2011 | US
Published on Nov 30, 2011 in Business (International) , Economics (Globalization)


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Description:

This paper is an argumentative piece on the issues and effects outsourcing has on the U.S. economy. The paper examines at the reasons companies may look to outsource and how thats benefits certain countries. Arguing both sides of the debate, the writer concludes that outsourcing must be looked at from the both the long-term and short-term impacts.

Outline:
A Brief History of Modern Outsourcing
Positive Effects
Negative Effects
Conclusion

From the Paper:

"The number of students enrolled in these college courses and majors has declined significantly over the past few years--about 20%. And those continuing in these computer programs, are taking on second majors in other fields like business.
"So, how does this impact the U.S. economy? As these high-paying jobs are outsourced by companies due to lower costs as well as lack of local talent, the loss of this salary revenue into the U.S. economy can become significant as well as the future consumption by these now-unemployed computer programmers and engineers. Again, the amount of tax revenues will also be affected.
"As the problem snowballs, the less high-tech computer employees that graduate from our colleges and universities, the more U.S. companies will have to outsource to all those fine people both China and India are training. And the U.S. economy loses more and more revenue.
"The problem is so evident that Bill Gates has paid visits to college campuses just to encourage students to remain in computer fields."

Sample of Sources Used:

  • Business Journal. (2009, June 10). How outsourcing affects the U.S. economy. Retrieved June 10, 2009, from Business Journal: http://www.dirjournal.com/business-journal/how-outsourcing-affects-the-us-economy/
  • Sudhian. (2003, April 26). A brief history of outsourcing. Retrieved June 10, 2009, from Sudhian.com: http://www.sudhian.com/index.php?/articles/show/373

Cite this Argumentative Essay:

APA Format

The Effects of Outsourcing on the U.S. Economy (2011, November 30) Retrieved April 19, 2021, from https://www.academon.com/argumentative-essay/the-effects-of-outsourcing-on-the-us-economy-149242/

MLA Format

"The Effects of Outsourcing on the U.S. Economy" 30 November 2011. Web. 19 April. 2021. <https://www.academon.com/argumentative-essay/the-effects-of-outsourcing-on-the-us-economy-149242/>

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