@Orestes910 technology is not the same as food. Technology is made by robots and once they moved labor to China for cheaper wages the price of things in technology went down. A 50 inch TV set made in the USA in the 1980s will cost more than one made in China today. Food is grown by farmers on farms and then sold to places like McDonald's it is based on the cost of gas to harvest it and ship it. They add in costs to cover the salaries of the people at McDonald's and the utilities, etc.
A TV set is made in a factory in China and then shipped to the USA, people in China don't earn $15/hr or even $5/hr they earn pennies on the dollar to work in a factory for 18 hours a day 6 days a week. So comparing a TV set to a Big Mac is an apples to oranges comparison. If you paid the Chinese workers $15/hr then the TV set would cost a lot more to sell.
@Orestes910 technology is not the same as food. Technology is made by robots and once they moved labor to China for cheaper wages the price of things in technology went down. A 50 inch TV set made in the USA in the 1980s will cost more than one made in China today. Food is grown by farmers on farms and then sold to places like McDonald's it is based on the cost of gas to harvest it and ship it. They add in costs to cover the salaries of the people at McDonald's and the utilities, etc.
A TV set is made in a factory in China and then shipped to the USA, people in China don't earn $15/hr or even $5/hr they earn pennies on the dollar to work in a factory for 18 hours a day 6 days a week. So comparing a TV set to a Big Mac is an apples to oranges comparison. If you paid the Chinese workers $15/hr then the TV set would cost a lot more to sell.