Economics in Sweatshops

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Economics in Sweatshops by Mind Map: Economics in Sweatshops

1. Suppliers

1.1. Attempting to be cost effective to appeal to consumers/investors.

1.1.1. Stakeholders

1.1.2. Consumers

1.1.3. Profit/Profit margin

1.1.4. Expenses

1.1.5. Costs

1.2. not caring for workers

1.2.1. Labour

2. Media

2.1. no portrayal of these work conditions so the suppliers get away with these working conditions.

3. Competitive Advantage

3.1. Poor conditions as companies try to get ahead

3.1.1. Gross Domestic Product

3.1.2. Capital

3.2. Companies can get cheaper clothes made in other countries

3.2.1. Outsourcing

3.2.2. Globalisation

3.2.3. Competitive market

3.2.4. Offshore Production

3.3. Stakeholders want more products produced at cheaper prices

3.3.1. Stakeholders

4. Demands

4.1. Cant find work in better conditions

4.1.1. Employees

4.1.2. Needs

4.1.3. Secondary Production

4.2. Expecting Cheap clothes

4.2.1. Consumers

4.3. unsure of the work that went into creating their products

4.3.1. Consumers

4.4. People "expect better" because of new technology

4.4.1. Innovation