Friday, September 18, 2015

9.2: Labor and Wages / The Minimum Wage Debate

Chapter 9 Section 2: Labor and Wages

Assignment:
  • Read the two Wall Street Journal articles and answer the questions on a separate sheet of paper.
  • Complete the answer sheet.
  • Vocabulary (p.226)
  • Factors Affecting Wages (p.226): Chart
  • Checkpoint (p.227): What determines the equilibrium wage of labor?
  • Graph Skills (p.227): #1 & 2
  • Visual Glossary (p.228): Why are investments in training and technology important for a business?  At what point would increased investment not result in increased productivity?
  • Graph Skills (p.229): #1 & 2
  • Graph Skills (p.230): #1 & 2
  • Checkpoint (p.230): How do education, training, and experience affect wages?
  • Graph Skills (p.231): #1 & 2
  • Cartoon (p.231): How does this cartoon symbolize a glass ceiling for women?
  • Graph Skills (p.232): #1 & 2
  • Checkpoint (p.232): What groups have been hurt by wage discrimination?
  • Question (p.234): What are some of the costs that are eliminated when a company replaces workers with machines?

Animated History of the Minimum Wage: http://business.time.com/2014/02/28/an-animated-history-of-the-minimum-wage/



 

 
 

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