Cards (10)

    • What has happened to employment for some people?
      Some have gained, others have lost
    • Why have there been large scale job losses in the western world?
      Jobs have been transferred to countries like China
    • How does increased migration affect wages for workers?
      It may lower wages but also increases demand
    • What positive contributions can migrants provide to the economy?
      Important skills and increased aggregate demand
    • What has international competition caused for low-skilled workers in developed countries?
      A fall in wages or reduced growth
    • How have wages for high-skilled workers been affected?
      Wages appear to be increasing due to demand
    • What is the impact of increasing wages for high-skilled workers on inequality?
      It is increasing inequality
    • What role do TNCs play in employment?
      They provide training and create new jobs
    • What conditions do workers in sweatshops typically face?
      Poor conditions and low wages
    • Why might working in sweatshops be considered better than other alternatives?
      It is better than other available options
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