Commerce

Does it make a difference where the products I buy are made?

In economics we talk of “consumer sovereignty” or in other words consumers rule!

The decisions you make on the products you buy can effect economies and businesses and families.  When you have a choice of products to buy, another factor that you may consider is where the products are made and who gets the profits by making these products?

Why support the local shop? Why buy Australian made and Australian owned? Why buy global brands?

Australian Made

The power and wealth of global brands

Most successful global brands 2010

Activity: graph the revenue of the top 10 global brands.  How does Australia’s  GDP for 2010 of  USD 924,843,000,000 (924, 843 million) compare to the value of these global brands?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s