Correct....All these years the U.S Concentrated only on building Cars, defense goods, aircrafts, computer chips, etc.and left the rest of the low-end-technology based manufacturing such as garments, toys, etc to Asian countries.... The U.S dictated their price and the Asian countries were forced to sell such goods to them at meager profits...While a 2 square inch silicon computer processor was sold at tens of thousands of Rupees giving the U.S companies super profit margins....
Agreed, we should definitely encourage production in the farm sector also, but we could also now concentrate on High technology manufacturing such as space ships, aircrafts, defense machinery, Cars etc.so that we can avoid parting with huge amounts of money to the western countries....
