What Happened? Manufacturing Abandoned the USA & Moved Worldwide for Value Only

Pop quiz!

Fear of Another Depression

Retooling US Manufacturing

Tastes of Freedom after WWII: Suburbs and Personal Cars

The GI Bill

FDR signing the GI Bill into law. (Source)

The US Changing Economy

Wisconsin Dairy Industry, circa 1945

Labor Shortage

Meanwhile, in Asia

Japanese History Before World War II

The Shogunate and Meiji Restoration

Japanese Economy, Before 1945

Reversing Course

Japanese Economic Miracle

Land Reforms and Stability

Demilitarized Benefits

Korean War

Fading Japanese Economy

Taiwan

Many Landlords

Taiwan: After World War II

Land to the Tiller

Versatile Labor Force

Rise of Service Industries

China’s Economic Rise

China After World War II

Reform After Mao

The Mighty Five

Manufacturing Labor Costs

Not Made in the USA

Chinese Manufacturing: Advantages

Lower Costs

Top: Garment Factory, Bottom: Automobile Factory

Cheaper Labor

Expansion Capabilities

Mass Market

Chinese Manufacturing: Disadvantages

Quality Control

Quality control in Chinese production

Price Increases

Production delays

Quality Fade

Language Barrier

Biggest Disadvantage: Bad Reputation

Quality Control in US Factories

Made or Assembled?

Assembled in the USA

In Sum

What Do You Think?

Quiz Answer

Able to share what I've learned, regardless of complexity, in a clear, concise way. We never stop learning!

Able to share what I've learned, regardless of complexity, in a clear, concise way. We never stop learning!