1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mamaluj [8]
3 years ago
8

Jages and Supply and Demand

History
1 answer:
s2008m [1.1K]3 years ago
7 0

Answer:

1. How do we decide how much each person in society should be paid?

The highest paying jobs in society typically have a combination of two factors: 1) they are highly specialized, that is to say, difficult to perform, 2) they have a high demand.

Two examples are: medical specialists, and CEOs.

Why do some jobs receive high wages while others do not? Do wages

reflect what types of jobs our society values?

Jobs that receive higher wages, again, are either more difficult to do, or have a higher demand, or are more scarce.

This does reflect in part what types of jobs our society values, however, not all high paying jobs are well valued, and some low paying jobs enjoy prestige.

2. Using what you know about supply and demand and labor, explain

how changes in supply and demand couple impact employment and jobs

In the current economic crisis, we have seen a reduction in the demand for jobs, because most firms are either selling less, or have simply gone out of business.

This has led to higher unemployment, since many people have been fired and cannot find new places where to be hired.

You might be interested in
What statement displays the significance of the Battle of Midway? Question 24 options: With German help, the US was able to defe
RideAnS [48]
The correct answer is <span>that the Battle of Midway was considered a turning point in WWII, when US destroyed 4 Japanese aircraft carriers while losing just one US carrier

This battle occurred six months after the battle in the Pacific started. It happened at Midway Atoll. The US forces were clearly outnumbered but they managed to win and thus this battle is considered a turning point in the Pacific, and it can be argued that this battle is the reason why US finally won the battle with the Japanese.
</span>
7 0
3 years ago
Read 2 more answers
Aquinas based his writings upon the arguments of what two men?
n200080 [17]
B) Augustine

D) Aristotle
8 0
3 years ago
Does the fact that he chose to fight Jim Crow laws privately change your understanding of Washington’s philosophy?
jeyben [28]

The fact that Booker Washington decided to fight the Jim Crow laws privately does not change my understanding of his policy.

<h3>The Policy of Booker Washington</h3>
  • He advocated that the black people should not go into violence with the whites.
  • He was also of the opinion that the blacks should try to do things that would help to elevate their social status in the society instead.

This does not change my understanding of what he stood for because he still believed in the equality of races and the fact that the black man needed to be free from segregation.

Read more Washington here:

brainly.com/question/25073851

7 0
2 years ago
Based on
LUCKY_DIMON [66]

Answer:

<em>It gave federal board greater power to regulate interest rates</em>

3 0
2 years ago
List four things that every individual does that are a part of his public life.
ArbitrLikvidat [17]

Answer: interacts with people, dresses themselves, brushes teeth, and works

Explanation:

5 0
3 years ago
Other questions:
  • What was the purpose of the Washington Naval Disarmament Conference and the Kellogg-Briand Pact? What prompted them? Was the pur
    14·1 answer
  • What is this awnser?
    5·2 answers
  • In both Britain and the United States, what happened in the 1870's that limited child labor?
    11·1 answer
  • One major contribution of the French Mallet brothers was __________.
    14·1 answer
  • In the 1844 election, the phrase “Fifty-Four Forty or Fight!” referred to
    15·1 answer
  • Ancient Sumerian kingdoms built their most important temples __________.A.on top of zigguratsB.outside of the main cityC.on top
    9·2 answers
  • Which is NOT a cause of American Imperialism.
    15·1 answer
  • Which aspect of U.S politics is most closely tied to the concept of indirect democracy
    7·1 answer
  • When was the bill of rights published?
    6·2 answers
  • What is the answer to this
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!