In what way might globalization of the world economy be responsible for the trend of declining labor unions?

1 answer:

7 0

Hello, the answer would be D: globalization encourages companies to seek lower wages and to operate in other countries.

Think about Wallerstein's dependency theory: countries in the semiperiphery are somewhat dominated by core countries, and countries in the periphery provide inexpensive labor to the world economy.

Hope this helps! :)

You might be interested in

1 If Peter temporarily takes over Thomas's job in his absence, what does this move represent? Briefly explain what this entails.

Ludmilka [50]

Answer:

This can be a positive challenge for Peter's career, as by taking on Thomas he will handle different tasks and job challenges, and by taking on the new responsibilities effectively, he will be able to be more recognized in the organization he works with and gain more trust from your superiors and Thomas, which is a positive point in the work environment that can lead to future promotions.

4 0

3 years ago

In one paragraph, list and describe the three major effects of inflation on the economy

Bess [88]

Historically, for domestic investors, a high inflation rate has been considered anything over the 3% to 4% annual range with the 3% to 4% figure considered benign. This rate, which would be a godsend for most of the world, is caused by numerous things, some of which have to do with certain monetary and structural advantages in the U.S. economy that may not last indefinitely. That said, for the past decade, the country has experienced a historically low interest rate environment due to unprecedented intervention in the monetary system by the Federal Reserve and lawmakers as part of the efforts to stave off collapse of the global economic system back between 2007 and 2009 when the real estate bubble peaked and imploded, dragging down all sorts of asset classes with it, including the stock market.

5 0

3 years ago

Which of these does not fall under the "marketplace" umbrella?

Goshia [24]

Stock market is the market where buyers and sellers come together to make deals with stocks of companies.
E-commerce is a market that is present in the cyberspace or in the internet
Physical place of business are businesses that have physical store fronts or offices such a supermarket.
The answer is
4. taxation

3 0

3 years ago

Lok Co. reports net sales of $4,970,000 for Year 2 and $8,532,000 for Year 3. End-of-year balances for total assets are Year 1,

Mumz [18]

Answer:Assets turnover ratio Year 2 =2.87 times

Assets turnover ratio for Year 3 = 4.58times

Explanation:

The total assets turnover is calculated as = Net Sales / Average total assets

also,

Average total assets = (Beginning assets + Ending Assets) / 2

Average total assets for Year 2 = ($1,684,000 +$1,780,000)/ 2 =$1,732,000

Average total assets for Year 3 = ($1,780,000 + $1,949,000 )/2 =$1,864,500

Assets turnover ratio Year 2 =$4,970,000 / $1,732,000 = 2.87 times

Assets turnover ratio for Year 3 = $8,532,000 / $1,864,500 = 4.58times

6 0

3 years ago

Read 2 more answers

what does it mean when you have demand for a good or service a.you can afford the good but may be unwilling to buy it. b.you wan

Nonamiya [84]

D. You are willing and able to buy the good at the given price

8 0

3 years ago