Buy local essay

Purchasing locally helps other businesses grow, as well as the local tax base. According to the Local Works analysis of the West Michigan economy, locally owned businesses generate a premium in enhanced economic impact. For every $100 in consumer spending with a locally owned business, $73 remains in the Grand Rapids Economy.

Local products have a great effect on the economy, as it increases the national income and helps in the growing of the economy. To be fair, quality of local products are low ones, but iam sure that if people encourage these products by buying it more than foreign ones its quality will rise untill it is much higher in quality than foreign products.

When dollars are spent locally, they can in turn be re-spent locally, raising the overall level of economic activity, paying more salaries, and building the local tax base. This re-circulating of money leads to an increase of economic activity, with the degree of expanse entirely dependent on the percentage of money spent locally.

The Buy Local Movement promotes and highlights the need for people to buy food-products and food services that originate from local communities. ... However, it is understood that local food products are usually produced within a radius of 24 to 400 miles. ... Food products are shipped to average distances of 1400 miles prior to being sold. ...