ADMS 1000 Study Guide - Midterm Guide: Language Barrier, Collective Bargaining

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ADMS 1000 Full Course Notes
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ADMS 1000 Full Course Notes
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Document Summary

In this story, there are several factors contributing to low or illegal pay. You should briefly explain each of the following: Competitive markets allow fairest distribution of skills and wealth explain in short paragraph. People freely make choices where to work explain in short paragraph. Supplemental: low wages are necessary in some jobs explain that. Ie to see why, consider the example of the minimum wage. The neoclassicist position is that this law will have negative effects on the economy that will ultimately harm low-wage workers. The argument being that this persepctive indicates that. Governmnent and unions do not need to intervene to. Protect immigrant rights when it comes to things like. Wages because of the 2 key elements above- ie competition. Among employees will demand they offer immigrants fair. Wages if they want to attract these employees; and. Imjmigrants can choose those eemployers who are most. Fair . so the market ie compeititon will ultimately look.

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