Question: Why would improved education and training help raise incomes of sweat-shop workers more successfully than mandating higher wages for such jobs?

Why would improved education and training help raise incomes of sweat-shop workers more successfully than mandating higher wages for such jobs?

Step by Step Solution

★★★★★

3.34 Rating (163 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Improved education and training can help raise incomes of sweat shop work... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Microeconomics Questions!

Q:

The figure shows a formed sheet-steel bracket. Instead of securing it to the support with machine screws, welding has been proposed. If the combined stress in the weld metal is limited to 900 psi,...

Q:

Why would unions be more likely to obtain higher wages from monopolist firms (the firms are monopolies in the product market) than firms in a perfectly competitive product market?

Q:

Why do you think more computer-related jobs than non-technical jobs are posted online? Do you think this situation will change?

Q:

Why is job rotation often more exciting to workers than job enlargement?

Q:

11.1.1 HUMAN RESOURCE DEVELOPMENT QUESTION ONE Read the following case study and answer all the questions that follow : [50] Search Skilling Solving the skills gap Skills have become the global...

Q:

Read the following article and answer the questions that follow Solving the skills gap Skills have become the global currency of 21st-century economies. But this currency depreciates rapidly as the...

Q:

Read the following article and answer the questions that follow Solving the skills gap Skills have become the global currency of 21st-century economies. But this currency depreciates rapidly as the...

Q:

Dan resolved the inventory and layout concerns with the help of a consultant whom his banker had suggested. With the expansion of the plant, Dan was able to meet demand for orders of the Ladder...

Q:

a brief summary what was understood on the aspect of the causes or effects of segregation in city ( any kind of city within US). 1000word. Thank you REFERENCE: CHAPTER 5 Residential Segregation and...

Q:

Why Do Employees Vote For a Union? In Unit # 1 we read about and discussed the typical reasons why employees may want to have a Union represent them. According to our text (pages 9-10), "employees...

Q:

Discuss the distinction of the case-context (purpose of the study) 1. Descriptive study (TVET-TESDA) Technical and Vocational Education and Training in the Philippines: In Retrospect and Future...

Q:

What does Singer mean by saying that all animals are equal? What does he mean by "speciesism," and how is it like racism and sexism?

Q:

Consider your current job or a job you held in the past. What is the companys mission statement? How easy is it to find? Does it reflect the business that you are in, or is it a generic statement?

Q:

Preblem W 4 ( 1 7 marka ) Thocy did a markeling stody that cust $ 1 5 , 0 0 0 and have come up with some each flow projections based on the information received. In onder to shart prodoction they...

Q:

Does it make a difference to you to learn that Noelle-Neumann was once a newspaper journalist for Nazi publications? Why or why not?

Q:

Do you think that IACs such as the United States should open their doors wider to the immigration of low-skilled DVC workers in order to help the DVCs develop? Do you think that it is appropriate for...

Q:

Is stability in the general level of prices through time important? Why or why not? Should price stability be the goal of monetary policy? Explain your responses.

Q:

For each of the following values for the MPC, determine the size of the simple spending multiplier and the total change in real GDP demanded following a $10 billion decrease in autonomous spending:...

Q:

(Solving not using a spreadsheet) Firms A, B, C, and D enter into a financial arrangement. Money flush firm A will pay expanding firms B and C each $1,000,000 today. B will pay D $2, 200,000 three...

Q:

You have information on the following on-the-run Treasury securities: 6-month T-bill, price = $95.694 per $100 par value; (z1) 1-year T-bill, price = 92.902 per $100 par value. (z2) Also, information...

Q:

Marten Corp has a 15% WACC with a 20% expected return on equity and a 70% debt-to-asset ratio. If Marten pays no income tax, what is the return on debt? 12.90% 12 36% 13.45% 13.04% 12.86%