About The Fashion Industry

GRABMYESSAY.COM OFFERS TO EVALUATE SAMPLES OF VARIOUS TYPES OF PAPERS
Junior (College 3rd year) ・Economics ・APA ・2 Sources

Numerous industries now have economic prospects thanks to the expanding global population.

The fashion business has benefited from the world's population's rapid rise and has attracted a number of players, raising the level of competitiveness. A new dynamic in the fashion business has emerged as a result of the increased degree of competitiveness. Because of how quickly new trends hit the market, this industry is now regarded as a "fast fashion" industry. Although it might be seen as a sign of economic expansion, this is the main reason for social inequities. Social injustice is the term used to describe unfair behaviors that take place in society. It is indisputable the growing fashion industry is creating job opportunities for millions of persons across the globe. However, the supply chain of the fashion industry is unfair for the people at the bottom of the chain and favors person at the top level.

Production of apparel is outsourced to countries with a low economy

For instance, Indonesia as a strategy to be competitive as far as pricing is concerned. The workers at these textile companies operate in hazardous working condition and are paid peanuts despite them performing the tedious job. The Fashion industry should re-evaluate itself as far as business ethics is concerned. There is no point of great sales being recorded by the firms and yet those responsible for the products are languishing in poverty of the highest order. The worst case is that big fashion stores or brand are providing the lowest offer to these nations forcing the sub-contracted firms with no option but to decrease the cost of labor. The fashion industry is portraying sadism an acceptable value across the globe. Shifting production from Western nations to low economy nations should be beneficial to the low economy states. However, this is not the case because these fashion firms have shifted problems to less developed nations. Instead of improving the situation, these firms continue to design business contracts that are detrimental. On the other hand, those at the top level of the chain reap high returns at the expense of the poor workers.

A capitalistic economy encourages an individual to accumulate wealth.

This philosophy championed by a capitalistic economy aims at exploiting others for one to accumulate wealth (Roth, 2015). Investors in the fashion industry seek to reap more from the industry than others and, therefore, use techniques that will favor them. The purchase rate of clothes as always increased because people no longer purchase clothes to cover nakedness but to keep up with trends. However, for the capitalists, such purchases continue to increase their wealth. Natural production of cotton for manufacturing clothes cannot meet the growing demand. This has led to the adoption of bioengineered agriculture, where chemicals and GMO are used to increase the production of cotton. The greedy nature of capitalists in the fashion industry has impacted negatively on the environment through the use of chemicals. Families in Punjab, India face chronic diseases such as cancer due to the chemical exposure ("The True Cost", 2015). Capitalism has changed the concept of business, which is supposed to be enhancing the quality of life for people but now the fashion industry is doing the opposite. However, this does not mean that all players in the fashion industry are inhumane. Some of the investors champion for fair trade within the fashion industry. The goal is to ensure each player in the chain is rewarded fairly for their effort rather than a tilting supply chain favoring a few.

References

Roth, A. E. (2015). Who gets what--and why: The new economics of matchmaking and market design.

The True Cost (2015) - Full Documentary [Fashion & Clothing Industry] (w/multiple subtitles). (n.d.). Retrieved from https://www.youtube.com/watch?v=zB-YRhcH5tg

Get a price
Academic level
Urgency
Pages *275 words
Total price
$ 0 .00
$ 0 .00

Prices that are easy on your wallet

Our experts are ready to do an excellent job starting at $14.99 per page

What Clients Say About Us
Our Customers Rated UsGreat
4.8
Out of 5 Based on 357 Reviews
I experienced difficult times trying to complete huge number of assignments to my university at the same time and you, guys, literally saved me. Everything was done in time and on the highest level! I really appreciate your help.
Edward,
Essay, History, 12 pages, 7 days, Master's
First time when I placed an order with you, I just lacked time to do all the homework and it was a lot going on in my family. But today I’m doing it sometimes just for fun – I really enjoy communicating with your Customer Support members and just letting myself being a bit lazy
Yuong Lo Mui,
Literature review, IT, 17 pages, 4 days, Master's
My GPA is 4.0 and I’ve always been doing everything myself, but there is a class which I was about to fail thus my GPA would decrease first time in so many years. I ordered few assignments to be completed with GrabMyEssay.com and you did a great job! Thanks to you I still remain one of the best students on campus.
Rosalinda,
Essay, Politics, 8 pages, 5 days, Junior
I am not used to such services and I usually write all the papers by myself. But this time I got in a very difficult situation and had to order my paper on this website. To my surprise it appeared to be quite good. Thank you, it is really nice service. Think I'll get back to you soon!
Jeremy,
Thesis, Management, 34 pages, 14 days, Master's
I am on my maternity leave now, so I spend a lot of time at home taking care of my little son. I’ve decided to get one more higher education degree while I’m spending so much time at home and applied for distance learning in one online college. But caring a baby takes even more time then I excepted so I’m the way too busy to write the complicated masters level research works, but GrabMyEssay.com is so-so-so cool! Thank you for that you exist! I don’t know what I would do without you all!
Karen,
Essay, Education, 15 pages, 8 days, Master's
I am studying and working at the same time and it is difficult to cope with university assignments as I am very tired after the work day. You service is a salvation for me as it helps to do everything on time. I am really happy about it. Wish you everything the best! Especially my lovely writer 109!
Desmond,
Coursework, Religion, 11 pages, 7 days, Master's

We at GrabMyEssay.com

work according to the General Data Protection Regulation (GDPR), which means you have the control over your personal data. All payment transactions go through a secure online payment system, thus your Billing information is not stored, saved or available to the Company in any way. Additionally, we guarantee confidentiality and anonymity all throughout your cooperation with our Company.

Try our service with 15% Discount for your first order!   Try our service with 15% Discount for your first order!   Try our service with 15% Discount for your first order!  

Order Now