the decline of union membership as one ofthe causes of economic inequality. In an analysis oftheeffects of intensive Anglo-American neo-liberal policies in comparison to continental European neo - liberalism, where unions have remained strong, they concluded "The U.S. economic and social model is associated with substantial levels of social exclusion, including high levels ofincome inequality
effect will each ofthe following proposed changes have on wage inequality?
a. Indexing the minimum wage to inflation.
b. Increasing the benefit level paid to welfare recipients,
c. Increasing wage subsidies paid to firms that hire low-skill workers.
d. An increase in border enforcement, reducing the number of illegal immigrants entering the country.
a. 최저임금이 상승하면 상
the stress they get like sports or high-class hobbies. However, to lower class, not many choices are give compare to what higher class people can have. Lower class spends most oftheir income for living expenses so that they do not have enough money to spare. In addition, education is also a decisive factor. People who are highly educated are more knowledgeable about the harmful effectof smoking
the economic development of Korea merited the particular attention of those interested in the Third World development. Truly, it is not too much to say that Korea was a star economic performer before the 1997 crisis. However, the Korean economy, once the envy of most developing economies, has been in deep recession, and consequently has brought serious negative social effects since the latter
the Forbes 400.
In fact, the richest 1 percent of Americans posses over a third ofthe country’s wealth, more than the combined wealth ofthe bottom 90 percent of american families.
The top 10 percent of American households take in 42 percent of all income and hold 71 percent of all wealth.
Some people think that such inequality in unjust, and favor taxing the rich to help the poor