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