Globalization
Economic trends, political events, and technological breakthroughs lead to greater competition among workers looking for jobs. For example, such events as company restructuring, insider trading, and world conflicts may cause businesses and governments to re-prioritize available funds and result in lower return rates for investors, greater numbers of people seeking supplemental income, and pension cuts for retirees.
Unemployment is a force that leads to greater competition in the workforce and a reduction in wages. A person might not be paid as much to do a job as a former worker. Unemployment forces more people to apply for jobs that are unskilled because they cannot find the ones they are skilled for.
To reduce competition from foreign producers.
yes
by competition among workers
by competition among workers
Competition for jobs increases and wages go down.
Start out by reading the question summary, and its longer version. Your answers will be reviewed by other workers. They'll be looking to make sure your answers meet the following crStart out by reading the question summary, and its longer version. Your answers will be reviewed by other workers. They'll be looking to make sure your answers meet the following criteria:iteria:
by competition among workers
by competition among workers
Mental revolution Mental revolution involves a change in the attitude of workers and management towards one another, from competition to cooperation
The workers getting greater bargaining power happens when workers join labor unions.
Start out by reading the question summary, and its longer version. Your answers will be reviewed by other workers. They'll be looking to make sure your answers meet the following criteria: