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Politics Molly Gupta Politics Molly Gupta

How the Next 4 Years Will Look for Shopping

Economic policies have a direct impact on you—one larger than anyone would expect. When the economy goes into a recession, consumers tend to buy less, but when the economy is in a period of expansion, consumer spending increases. Consumer spending is the amount of money a household spends on final goods and services. This is due to the fact that in a recession, people tend to save more, but the opposite happens in an expansion. This directly relates to the prices of things you buy, something especially apparent in the fashion industry.

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Child Labor Molly Gupta Child Labor Molly Gupta

The Hidden Cost of Luxury Fashion

Of the 32 employees working at a garment factory in Italy, nine of them didn’t have the required documentation to work legally. Of those nine, two of them were illegal immigrants from China. The workers slept in the factory, where there would be shifts of people who continued to work overnight, to ensure 24-hour production.

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