I see a lot of push towards shopping local and supporting the local economy. However, the large national brands provide the same product for cheaper and provide more jobs than your local producer. Why should I pay more for an essentially equivilant product?
In: Economics
Because what they do is that they drain money of a city and move on.
Imagine this:
You don’t buy local.
Business for local goes bad.
He packs up and probably gets hired at big one for a decent-low money.
After this happens to most locals, the big guy starts pushing up prices and keeps the wages low.
There is no other option but to buy from them.
When they see the people are running dry, they pack up and leave.
Now the economic state of the city is significantly worse compared to before.
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This is my understanding anyway
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