In the writings of Karl Marx, the bourgeoisie referred to the proletariat referred to the Ocolonialists; nobility. business owners; working class. government planners; tax collectors. unskilled workers; entrepreneurs. and the
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- Consider two groups of workers of equal skill level and experience: those who collect garbage and those who stuff envelopes with campaign fliers. Which group is likely to be paid more and why.Whom do Marx and Engels portray as the previous enemies of the bourgeoisie? How did bourgeois economic development and dominance lead to a society based on the “cash nexus”? Why is the bourgeoisie responsible for the emergence of the proletariat? Why is the victory of the proletariat inevitable?Define macroeconismics, microeconomics, compare and contrast the areas. What questions do both areas of study ask?In terms of production, prices, income and employment.
- The gig economy offers the total availability of employment and labor in the economy. Flexible, short-term, and independent jobs. An economic system in which assets or services are shared between individuals. The migration of workers to high-tech jobs.Robert Gordon proposes that unemployment fell in the 1940s because structural barriers to expanding output and employment disappeared after the Federal government massively increased spending on military goods in this period President Truman moved away from policies implemented by President Roosevelt property rights were strengthened following the end of the New Deal unionization of the workforce declined after President Roosevelt's death.U.S. firms have greater power than firms in other Western democracies over which of the following? Group of answer choices wages and working conditions stock market fluctuations interest rates bond market rates greenhouse gas emission
- In a country called Uncle Sam Land (USL), the labor demand curve is given by: W = K - 4L Where W is the wage rate, K is a variable determined by accumulated capital stock in the country, and L is the labor force in the country. K = 500 is supplied by the capitalists in USL. Next to USL, is Aunt Lewis Land (ALL). ALL is poor and has a Dual Economy. A large numbers of workers in the agricultural sector there are not productive - they are disguised unemployed. They are looking for jobs. Wage in ALL is institutionally fixed at W = 10. Although USL had built a strong impenetrable border wall to prevent ALL migrants from moving in, a firm in USL, called "Coyote International," was able to fly over the impenetrable wall in a helicopter and bring job seekers from ALL who wanted to migrate to USL. As a result of this, USL labor force increases to 110 (L = 110 now). All workers work no matter what the wage is. What is the new national income in USL after migration takes place? O 6242 45000…True or False and explain why. In the labour market, it is assumed that workers are attempting to maximize their utility in monetary terms only.Workers who are part of the ______ economy in most cases are subject to lower wages and minimal benefits.
- According to Rushkoff (2009), both merchantilism and corporatism favour: A. The least qualified, generalizable workforce B. Qualified workers with special skills C. The individuality of workers D. A workforce with different categories of specialized workersThe labor force is made up of all people who are at least 16 years old and are capable of working. TRUE OR FALSE?Consider an economy with two labor markets: one for manufacturing workers and one for service workers. Suppose initially that neither is unionized. Which of the following will happen to the manufacturing labor market if manufacturing workers formed a union? Check all that apply. The wage of manufacturing workers will fall. The demand for manufacturing workers will remain unchanged. The supply of manufacturing workers will increase. Some manufacturing workers will become unemployed. Which of the following describes the effect of the changes in the manufacturing labor market on the market for service workers, which is not unionized? Check all that apply The wage of service workers will fall. The supply of service workers will remain unchanged. The demand for service workers will remain unchanged. There will be an increase in employment in the service sector.
