Norris 1 Ryan Norris 8 December 2013 Economic and Social Issues The Fashion Industry Faces Child labor laws have a huge impact on the fashion industry. Like the child labor that occurs when mass producing Nike products. The amount of pay the children get for the work that they do. Another example would be when the recession hit America. People started losing their jobs. So the people could not afford the luxury clothing in high fashion. So the designers either had to lower their prices of their products. Some designers even went out of business because of child labor laws and the recession. These are few examples how social and economic issues have an effect on the fashion industry.In this paper, I am going to tell you the social and economic issues in the fashion industry. Child labor is a huge issue in fashion. For example, Nike uses children to mass produce sneakers and clothing. Nike uses children to mass produce the products with little to nothing pay. Nike admitted to child labor in Cambodia and Pakistan."Even when records keeping is more advanced, and hiring is carefully done, one mistake can brand a company like Nike as a purveyor of child labor" Boggan.(Boggan) According to Steve Boggan's Article, Nike has answered by saying that using children for producing their products was simply a mistake. The Fashion industry has more than just child labor issues. There are many issues in the fashion industry that many people do not know about.. When the recession hit America, many fashion designers Norris 2 had to lower the prices of their products. For some designers and consumers, the fashion industry did not affect them because it was easy for them to lower their prices of their products. According to Dean Roy Nash "Fashion is a vulnerable industry when recession evolves in the economy because consumers can easily cut down the price of luxury products to manage their budgets instead of compromising on basic requirements like housing and food  (Nash). The business environment has become unpredictable with a slow economy and consumers have turned to be extensively diverse, demanding, informed and technologically strong. ( Nash) The global meltdown has not spared the fashion industry also in any way. The fashion industry together with other textile products industries have undergone a downturn due to the financial adversity (The Fashion Industry Sinks ¦). According to Dean Roy Nash the recession affected differently for everyone in the fashion industry it could have been easy for some and quite difficult for others. For some designers it allowed them to make new trends for their fashion line at a cheaper cost .The recession allowed fashion designers to create more unique items at a cheaper cost because since the recession hit buyers have been wiser with their spending budget. The designers know that so they try to create more unique pieces to compete with the other designers to prevent their company from going bankrupt.The fashion designers had to adjust to the recession. The U.S. recession has changed how people shop for fashion, with an eye for special pieces rather than trusty wardrobe basics, and top retail buyers say this