Research the country of Mexico and answer the questions below in depth.

• . Discuss the standard of living (What do the people own? How does the standard of living compare to the U.S.? Ideally, this should be measured in purchasing power, accounting for the difference in currency and cost  of living.)
• . Identify the income distribution (Proportion of upper, middle, and lower classes?)
• . Explain the wage levels (Compared to U.S.? Compared to rest of world?)
• . Explain the employment levels (Unemployment rate? Participation rate of women, minorities, youth?)
• . Describe how wages are determined (Supply and demand? Government policy? Collective bargaining?)
• . Examine employer-provided benefits.
• . Discuss working conditions (Hygiene and safety?)
• . Discuss skills available (Shortages in particular areas?)

Answer rating: 100% (QA)

Standard of Living Mexicos standard of living varies across regions and socioeconomic groups While there is a significant portion of the population living in poverty especially in rural areas urban ce... View the full answer