Johntristanpit15idn
Answered

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why is consumption of good and service very high in China and the us​

Sagot :

Symelvillejeanidn

Answer:

The fact that the U.S. content of Chinese goods is much higher than for imports as a whole is mainly due to higher retail and wholesale margins on consumer electronics and clothing than on most other goods and services. Not all goods and services imported into the United States are directly sold to households.

Noahosmonthidn

There are many reasons for this. In China, the government is very important in the economy and it controls a large part of the society. This means that people are very likely to look to the government for help with things like food and housing. In the United States, people are often more Individualistic and have less need for a government-provided good or service. Because of this, people are more likely to consume services that they can't themselves produce.

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