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And not only does the fast fashion industry rely on cheap materials, it heavily relies on cheap labor, with approximately 75 million factory employees around the world, and only 2% of those making ...
McDonald's launched its "$1 $2 $3 Dollar" menu during the fast-food discount wars of 2018 as part of its turnaround plan. Today, that menu is pared down to 8 items instead of 12.
The primary reason for this is the instant nature of customer decision-making that mobile apps and websites enable. The consumer can receive a marketing message or discount coupon and, within a few seconds, make a decision to buy and go on to complete the sale - without disrupting their current real-world activity.
The fall 2013 issue of Ms. promotes the need for higher fast food worker wages. Criticism of fast food includes claims of negative health effects, animal cruelty, cases of worker exploitation, children-targeted marketing and claims of cultural degradation via shifts in people's eating patterns away from traditional foods.
Fast food was created as a commercial strategy to accommodate large numbers of busy commuters, travelers and wage workers. In 2018, the fast-food industry was worth an estimated $570 billion globally. The fastest form of "fast food" consists of pre-cooked meals which reduce waiting periods to mere seconds.
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t. e. Fast fashion is the business model of replicating recent catwalk trends and high-fashion designs, mass-producing them at a low cost, and bringing them to retail quickly while demand is at its highest. The term fast fashion is also used generically to describe the products of this business model, particularly clothing and footwear.
The True Cost is a 2015 documentary film directed by Andrew Morgan that focuses on fast fashion. It discusses several aspects of the garment industry from production—mainly exploring the life of low-wage workers in developing countries—to its after-effects such as river and soil pollution, pesticide contamination, disease and death.
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