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What are the disadvantages of international trade?
Exposes a country's workers to competition from workers willing to take lower wages.Exposes a country's management to competition with other managements who bring different skills, attitudes and cultures to the competition.Creates the need to expend energy for international shipments.
What conditions do nike workers work in?
There were ivestigations after allegation that they weren't getting treated well. Working loads of hours for low pay.
Why does the us have a modified free enterprise economy?
To prevent "evil monopolies" and to protect the rights of workers. Also to fulfill the needs of public goods and to promote and to encourage competition for the benefit of society.
Which of the following best describes the effort of outsourcing on the labor market in the US?
Competition for jobs increases and wages go down.
Did Andrew carnegie not raise wages of his workers even though he was making alot of money?
No. At some point the management of US Steel reported a 60% rise in profits and then offered the employees a 30% pay rise. The labour unions however demanded a 60% pay rise. Management refused to budge on this (Carnegie at the time was in Scotland and communications and travel were infinitely slower than today) and the riots broke out in which the Pinkerton agents played such an infamous part. Carnegie himself was a philantropist who spent great amounts of money on all kinds of charities. His Foundation is still very active in this field today.
How did Andrew carnegie treated workers?
how did Andrew Carnegie treat workers
How did carnegie's related industries treat workers?
he treated them pretty harsh
How did Andrew Carnegie treat his workers?
Andrew Carnegie was known to have mistreated his workers by paying low wages, enforcing long working hours, and resisting their efforts to unionize. Despite his philanthropic efforts later in life, his treatment of workers sparked labor strikes and protests during his time as an industrialist.
How did Andrew Carnegie treat his employees?
His factory workers were underpaid and worked long shifts in poorly ventilated, dirty, and unsafe environments. After the heat of unions riding up his back, Carnegie made some improvements as to how his laborers were treated in the factories.
What problems does carnegie associated with industrialization and the workers?
no
How much did Andrew Carnegie pay his workers?
He underpayed them.
How did Andrew Carnegie and his industry treat workers?
this is good
Did Carnegie or Morgan state that granting vacation to workers would be immoral?
No, neither Carnegie nor Morgan explicitly stated that granting vacation to workers would be immoral. Carnegie did focus more on philanthropy towards providing benefits for workers, while Morgan was known for his investment strategies.
Did andrew carnegie support the idea of socialism?
Absolutely not. Carnegie was a prototypical capitalist "robber baron" who ruthlessly exploited his workers.
What did Andrew Carnegie do to keep his factory running the homestead strike?
he decreased workers' hours. ... he raised workers' wages.
What did Andrew Carnegie do to keep his factory running during the homestead?
he decreased workers' hours. ... he raised workers' wages.
How are workers treated today?
They are treated as the same thing bad and treated unfairly!
