What are the major causes of wage differentials in the United States, and in your opinion which i...
What are the major causes of wage differentials in the United States, and in your opinion which is the most significant?
Homework Answers
The reasons for wage differentials is as follows
1) can be due to the difference in the efficiency levels of the labor that is influenced by various factors such as educational levels, strength inborn etc
2) the inequality in the agreeableness respect to the current social scenario.
3) the difference in various occupations
4) here, non competing groups existence can also be a cause of wage differentials all in all.
Among all the first reason mentioned that far is the efficiency levels is the most significant as they get to directly influence the outcome.
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