How Factory Work Affects The Economy

Mass production through factory work is important to the growth of the economy. Factory work helps our nation grow. It also strengthens our economy greatly. Factory workers contribute greatly to making many of the goods we use on a daily basis. All the items and goods produced in factories are shipped and sold all around the country. The buying of these goods is what strengthens the economy. Therefore, without the people that work at and buy from the factories, the economy would be greatly affected. This proves that even the most common of people are necessary.

The monetary policy also affects the factory workers hugely. Through the monetary policy, the government limits the supply and circulation of money. By doing that, they are taking money away from all people. Although it affects all people, it especially affects the already poor factory workers. Businesses do not want to lose money for themselves. So, if the government cuts the money circulation, the businesses will cut the wages of the workers even more than the already are. In the long run, this will end up being bad for the economy. The government “wants a better economy” , but with the monetary policy, that might be hard or near impossible to do. The government should stop limiting money supply and circulation in order to better our economy.

We already don’t have much money, then we get taxed more than usual. The common factory workers believe that the businesses should be taxed more, instead of us workers. If the business gets taxed, the workers get more income. We deserve more money, because we work hard. If that factory workers get paid more, the circulation of money will be greater. The factory workers could help other businesses flourish with their money by buying more goods from them. This could essentially better the entire economy. So, the government should stop taxing us if they want a better