Volcanos_man t1_j2c6gz7 wrote on December 31, 2022 at 3:59 AM Reply to ELI5 How do companies make money by selling products at a low price and competing with other companies? by [deleted] Love the explanation so far, but you seem to forget about one thing: labor exploitation. If they sell cheap, you can be sure the workers making that object make close to nothing. Not paying a livable wage can makes things extremely cheap. Permalink 2
Volcanos_man t1_j2c6gz7 wrote
Reply to ELI5 How do companies make money by selling products at a low price and competing with other companies? by [deleted]
Love the explanation so far, but you seem to forget about one thing: labor exploitation. If they sell cheap, you can be sure the workers making that object make close to nothing. Not paying a livable wage can makes things extremely cheap.