Study after study has indicated the economic benefits to a local community when residents choose local businesses for purchases. It's called the economic multiplier effect. By choosing local first, the economic multiplier kicks in and we return $25 more of every $100 spent to recirculate in our local economy.
Walmart is on track to claim one-third of food sales within five years. Here’s a look at how Walmart has dramatically altered the food system — triggering massive consolidation, driving down prices to farmers, and leaving more families struggling to afford healthy food.
When policymakers debate anything having to do with economic development — approving a new big-box store, say, or handing out tax breaks to large companies — most don’t imagine that the decision will have any effect on such things as voter turnout or the prevalence of chronic disease.