Effects of Fast Food on American Economy

Decent Essays
Effects of Fast Food on the American Economy
How does fast food affect America’s economy? Does fast food affects Americans economy in the bad way or good way? Some people say that fast foods are ruining Americans economy. They want to reduce effects of the fast food industry in America. However, the advocates do not agree because they think that fast foods are giving a major boost to the economy. They give out a few examples about the advantage of fast food to the economy such as proving jobs or helping America’s agriculture by purchasing agriculture products. In my point of view, the fast foods are affecting American economy negatively, which can be seen through the average wages of Americans, the cost of medical care for fast food
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The more time people spend to cure their illness the more time of work they lose. In the modern economy, time is money, so when people lose their time they also lose money. Generally, the economy will be “cost billions of dollars” (Colliver) because people are losing their time and money to cure their illnesses which come from their bad habit of consuming fast foods.

Fast food industry not only causes illness for people but also create problems to American agriculture since “The fast food chains now stand atop a huge food-industrial complex that has gained control of American agriculture.” (Schlosser). The fast foods companies need to purchase a vast of the agriculture products such as potatoes or cattle, and so they create corporate farms to provide products to their demands. Famer and cattle ranchers are being replaced by giant agribusiness companies which take over their lands. The independent famers are vanishing, and the gap between a small amount of wealthy elites and the large numbers of the working poor is getting bigger. When the fast foods companies control a vast of agriculture products, they also control prices of those products, which has driven down the prices and benefits that are offered to American farmers. According to Eric Scholosser, Nation Magazine Award winner, “In 1980, about thirty-seven cents of every consumer dollar spent on food went to the farmer. Today, only twenty-three cents goes to the farmer -
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