One of the common arguments against "sweatshops" in developing countries is that wages that the workers are being paid are too low. Commentators often use dollar comparisons to show that, compared to U.S

standards, "sweatshop" workers are paid unfairly low wages. Use what you have read about the supply of labor to examine this argument.

Workers in factories in developing countries are usually willing to accept the wage that is being paid as it is better than their next best alternative. Their next best alternative could be unemployment or working at a lower-paying job. While this does not justify objectionable working conditions or violations of labor laws, the wages that they are paid could be a reflection of the lack of other opportunities in these countries.

Economics

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Economics examines the options open to households and business firms, but ignores the options of governments and entire societies

a. True b. False Indicate whether the statement is true or false

Economics

Which of the following factors tends to lower the average wages for women?

a. Women leaving the workforce to raise their children b. Women receiving less than one-third of all advanced degrees c. Fewer women earning college degrees than in the past d. Fewer women seeking experience in the service industry

Economics