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What best explains why globalization has led to wage cuts in some jobs in the US?
Wiki User
∙ 11y ago
Outsourcing increases the domestic supply of workers, driving down the price of labor.
Outsourcing
Wiki User
∙ 11y ago
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What are the arguments of those who say that globalization creates jobs and boost wages?
People who support the idea that globalization creates jobs say that the introduction of jobs stimulates the local economy. They also say that the jobs help the locals increase their standard of living, which enables them to get a better education.
A decline in the number of us manufacturing jobs was part of the result of what?
globalization
What is direct result of globalization?
For some countries loss of local jobs leading to poverty
What is The Con Argument of Globalization?
it takes jobs away from the country that is sending their business to another country
What best explains how Mexican immigrants contributed to California's agricultural economy?
Mexican immigrants filled many agricultural jobs and were willing to work for low wages.
What explains why globalization has led to wages cuts in some jobs in the US?
Outsourcing increases the domestic supply of workers, driving down the price of labor.Outsourcing
What explains why globalization has led to wage cuts in some jobs in the United States?
Outsourcing increases the domestic supply of workers, driving down the price of labor.
Which of the following best explains why globilization has lead to wage cuts in some jobs in the US?
Outsourcing increases the domestic supply of workers, driving down the price of labor. -apex
Why globalization led to wage cuts in some jobs in the US?
Outsourcing increases the domestic supply of workers, driving down the price of labor.
what cause a decline in the number of U.S. manufacturing jobs, what was in part the result of it- Biotechnology- Globalization- Superstations- Entrepreneurs?
globalization
How did globalization affect jobs in the US?
It created new jobs in the service industry, but led to a decrease in manufacturing jobs
How has globalization affected jobs in industrialized?
Many manufacturing jobs have moved to less developed nations.
What is the impact of globalization on developing countries?
Globalization helps developing countries by creating jobs, and sending money into the economy of that developing country.
What has been the drawback of globalization for the United States?
Competition with lower wages and jobs leaving the country are some of the major drawbacks of globalization.
What are the arguments of those who say that globalization creates jobs and boost wages?
People who support the idea that globalization creates jobs say that the introduction of jobs stimulates the local economy. They also say that the jobs help the locals increase their standard of living, which enables them to get a better education.
A decline in the number of us manufacturing jobs was part of the result of what?
globalization
What has been the main drawback of globalization for the United states?
Competition with lower wages and jobs leaving the country are some of the major drawbacks of globalization.
