For questions (6)-11) give short answers-about 2 to 3 sentences: 7)Name one thin

Question

For questions (6)-11) give short answers-about 2 to 3 sentences: 7)Name one thing that has changed, in the American economy over the past 75 years, that has caused a shift in the demand for low skill workers. Explain which way the demand curve has shifted (increase or decrease). 8)Explain why, 100 years ago, in the U.S, most women chose to stay at home, do their laundry by hand and sweep their floors with a broom rather than going to work in the labor market. 9)Explain why a union is likely to be strong in an industry that has an inelastic demand for labor 10) Is the occupational segregation of female workers in America entirely the result of discrimination? Explain what other factor might cause this. 11) Explain (very briefly) why the aggregate unemployment rate for the country as a whole, would never be equal to zero.

Explanation / Answer

7. The American economy was mainly dependent on the manufacturing sector earlier. In the last 75 years, the share of the manufacturing sector has shrunk rapidly and the service sector (banking, financial services, IT, entertainment, etc. ) has assumed the dominant position in the industry. In 2016, only 7.9% of the total workforce of the country was involved in the manufacturing sector. Low-skilled workers are mainly involved in the manufacturing sector. The decline in US manufacturing has resulted in a decrease in demand for low-skilled workers and the demand curve of low skilled workers has shifted to the left.

Related Questions

Navigate

• Browse (All)
• Browse F
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.