The GM motors comp some(prenominal), builded in flint Michigan, provided Flint with an abundance of jobs and a seemingly secure economic environment. However, this both changed in the premature 1980s when GMs chairman, Roger Smith, intractable to lay off thousands of Flint employees. As a result of Smiths decision, GM has since seen lucrative profits in exorbitance of eighteen billion dollars, and GM share holders have indulged in rising stock values. Although GMs go past dogs have enjoyed hearty economic benefits from this decision, the town of Flint has been devastated. Flints dependency on GM backfired and many another(prenominal) of the laid off GM employees have found it nearly impossible to recover. As a result, a formerly favourable town quickly turned into one of the to the lowest degree preferred places in the United States to live in. While GM executives eschewed any blame for Flints plight, saying that this is just the nature of major(ip) industries, the citizens of Flint demanded answers and compensation. In the beginning, there were many advantages of having GM as the dominate employer in Flint. The quantity of GM jobs provided for an economic expound town in the 1960s and 1970s, with money from General Motors trickling down from the workers to both part of the economy, and a growing population creating more homes, roads, and businesses.
It was all too beloved to be true. But when Roger Smith, president of GM, decided to relocate numerous jobs from the Buick City, it was time for Flint to pay the piper. Smiths intent was a gravid one for his own gain. It added millions to his already ludicrou! s supply of money, and for those top executives around him, the benefits were equally appealing. However, Smith failed to fence the thousands of people who were destroyed by his relentless stride to earn... If you trust to get a full essay, order it on our website:
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