I think that Wal-Mart is bad for the economy as well as the country. A great example of this is how many small businesses Wal-Mart shuts down. Back in small towns there was a mom and pop store for everything. Places like a barbershop, grocery store, mechanic, sporting goods store. These places are all being shut down because of Wal-Mart. Another example is how low the wages are at Wal-Mart. All the people that had their own small business get shut down and they need to start a whole new career because they ran a store and they have no...
store and they have no other work experience so they are forced to start over from scratch. The most compelling reason Wal-Mart is bad for the economy is that in the future someday when Wal-Mart shuts down most of the other businesses, they will have almost no competition. This would create a virtual monopoly that could be very bad for the country. In short, Wal-Mart is a potentially devastating influence in Retail and could hurt the entire economy by sending jobs overseas, closing small businesses, and paying low wages to their employees. Wal-Mart should be avoided at all costs.