SOC478H1 Lecture Notes - Lecture 5: Knowledge Economy

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Why are earning gap increases in countries (answer more complicated then technological change or environmental changes) Within canada and difference province with different differences of income inequality. Number structural factors that determine inequalities and inequality outcomes (change in family structures, educational backgrounds have impact on income) (technological changes, demographic changes) Institutional factors: access to education, labour market (unions, wages structures, worker management). A kind of mechanism where the rules organize society. Can be both and formal (law legislations, policies) and informal (wage setting structure, Relationship between the state, the market and the family ( the welfare policies can effect the relationship between these three)