Globalization and economic factors drive the presence of 'made in China' labels on products in the U.S., impacting the economy.
Globalization has led to an increase in products being manufactured in countries like China due to cheaper labor costs, impacting the U.S. economy. As large corporations relocate factories to countries with lower production costs, including China, products bearing "made in China" labels become common in the U.S. market. This shift is driven by factors such as cheap labor overseas, lower foreign energy costs, and the influence of international trade on the production process.
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