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Do court rulings that prevent plant closures benefit the community?

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A Michigan court ruled in the 1990's that General Motors did not have the right to close a particular Michigan plant and lay people off. Did this ruling benefit the people of Michigan and why?

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Solution Summary

This solution discusses four affects of the layoffs at General Motors in 268 words. It expresses the opinion that the ruling would not benefit the people of Michigan in the long run.

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No. In short run it may help people in plant to retain their jobs but in long run it will be worse off.

First: The general motors might have decided to close the plant on economic grounds such as the demand for its products has declined leading General Motors to reduce its production capacity by closing few plants. It may due to the fact that it may be more ...

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