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What is the following pairs of forces leads to greater competition among workers and reductions in wages?
Wiki User
∙ 9y ago
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.
Wiki User
∙ 9y ago
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Competition for jobs increases and wages go down.
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the migration of workers
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To reduce competition from foreign producers.
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yes
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by competition among workers
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by competition among workers
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Competition for jobs increases and wages go down.
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by competition among workers
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by competition among workers
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Mental revolution Mental revolution involves a change in the attitude of workers and management towards one another, from competition to cooperation
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Reductions in real wages, more flexible work rules, and management/labor cooperation were more the norm in the late 1990s.
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The workers getting greater bargaining power happens when workers join labor unions.
What is good effect of competition?
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