|
If you want to know where the world economy is headed, look at the bottom of this toy car
[WAPO] What if I said you could read real world history on the underside of your kids’ Hot Wheels?In my Philippine childhood in the 1970s, my brother Hector and I played with die-cast toy cars. I remember the first time I looked at the underside of these cars, soon after I had learned to read, and realized they had been made in different countries in different years. Some were made in the United Kingdom and the United States; the newer ones were made in Japan. Decades later, as my work as an economist brought my family to the United States, my two children got toy cars nearly identical to mine — first made in China and, later, Vietnam. We now have a small collection of these cars, and occasionally I use them as a teaching tool. I ask students in my economics classes to inspect the cars’ undersides, and together we trace the gradual movement of toy car manufacturing: from England and the United States in the 1960s to Japan in the mid-1970s, from South Korea in the mid-1980s to China in the late 1990s and Vietnam after. Posted by: Besoeker 2024-02-05 |
| http://www.rantburg.com/poparticle.php?ID=690560 |