The economic benefit of Ohio Art Company’s decision was that, the company did not go bankrupt,
which enabled the company to stay competitive against all the other big retailers and that the
owners were still a source of revenue for their home country i.e. the government. The company was
also able to provide jobs to the poor Chinese villagers who gained higher paying jobs and were able
to move from the countryside to the city. On the other hand, American consumers were able to
benefit from the lower prices. As to social costs, the closing of the factory resulted in the collapse of
the local community. 100 workers lost their jobs if we take into account that Bryan has only 8,000
inhabitants. Furthermore, the working conditions in China were very bad and workers lived in poor
conditions and their wages were very low.