Regulating Resource Usage

U.S. businesses are attempting to reduce costs by substituting machinery for labor or by using foreign labor to produce their products. How does this affect American consumers? How does this affect American workers? Based on benefits and costs, should the government regulate these practices?

Respond to the topic and to two other students’ posts by name. Please respond using critical thinking and good communication skills. Include references when necessary to explain your viewpoints, no more than 2.

The initial post should be 200 to 500 words. Please use full MLA format for your references, including pages if applicable.

Suggested bibliography: ‘Microeconomics’ by Campbell McConnell.