0
What else can I help you with?
Why do lower labor cost in the other countries lead to job loss in the US?
Lower labor costs in other countries led to job loss in the United States because it is more cost efficient, the lower wages makes it less costly to have the same amount of workers.
Why do lower labor cost in other countries lead to job losses in the US?
Lower labor costs in other countries led to job loss in the United States because it is more cost efficient, the lower wages makes it less costly to have the same amount of workers.
What was Fordism?
Fordism was a business approach named after Henry Ford, where companies used mass production ( creating mass standardized units ) to lower prices, therefore being able to increase the wages and decrease the hours of work for workers. This "better treatment" of workers lead to better productivity and a constant flow of new workers ( for mass production ) which in turn contributed to the lower prices. Because of mass production, he workers would be able to specialize in a certain area, also contributing to the increase of productivity which ultimately lead to the increase in the development of the company.
In what sizes of particle the aggregate are deficient or oversupplied?
In fine aggregate, particles smaller than 75 microns can lead to deficiencies in properties like workability and affecting the water requirement, while an oversupply of particles smaller than 75 microns can lead to problems like excessive bleeding and segregation. In coarse aggregate, an oversupply of very fine particles (dust) can affect workability and may lead to a lower strength of the concrete due to reduced paste content.
How did Milton Hershey feel about his workers?
Milton Hershey was known for caring about the well-being of his workers. He provided them with good wages, housing, and recreational facilities to improve their quality of life. Hershey believed that happy workers lead to a successful business.
Why does globalization lead to a reduction in prices for goods and services?
Competition for jobs drives down wages, which helps companies lower their prices.
How were wages or pay affected by the Black Death?
Black Death caused people to panic. It caused them to work at even lower wages in order to get food.
Why does globalization lead to a reduction in wages in developed countries?
Increased mobility allows producers to move jobs to lower-cost labor markets.
Is efficiency of production leading to oversupply in a brave new world?
Efficiency of production can lead to oversupply in a brave new world if there is not an adequate balance between supply and demand. If production outpaces consumer needs or preferences, it can result in excess inventory and pricing pressure. It is important for businesses to closely monitor and adjust production levels to avoid oversupply situations.
What immigration can result in a general decrease in wages because immigration dose?
Immigration can lead to a general decrease in wages primarily when an influx of workers increases the supply of labor, particularly in low-skilled job markets. This heightened competition for jobs can drive down wages, especially if the new immigrants are willing to accept lower pay. Additionally, if immigrants are concentrated in specific sectors, it may further exert downward pressure on wages in those industries. However, the overall impact of immigration on wages can vary depending on factors such as the economic context, the skills of the immigrants, and the adaptability of the labor market.
Which economist theorized that specialization would lead to workers to a lower overall level of skills and lack of enthusiasm for their work?
Karl Marx A+
Which was the most direct result of the surplus food?
The most direct result of a surplus of food is typically a decrease in prices due to an oversupply in the market. This can lead to benefits such as increased access to affordable food for consumers and potential challenges for producers due to lower revenues.
