Asked by Madison Myers on Sep 27, 2024
Globalization increases the demand for unskilled labor in the U.S. which in turn reduces labor's bargaining power.
Unskilled Labor
Work that requires minimal specialized skills or training, often involving manual tasks that can be quickly learned on the job.
Bargaining Power
The relative capacity of parties in a negotiation to influence the terms of their agreement.
- Learn about the effects that globalization has on national labor unions, government regulatory frameworks, and the unification of economic activities.
- Understand the significance of capital fluidity in the transfer of employment and the global migration of workers.
Learning Objectives
- Learn about the effects that globalization has on national labor unions, government regulatory frameworks, and the unification of economic activities.
- Understand the significance of capital fluidity in the transfer of employment and the global migration of workers.
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