"The Economic Report of the President" shows that companies push down the wages of unskilled workers. ... In the article "Who Killed the Middle Class," there are two diagrams that deal with economic growth. ... These numbers further emphasize the large gains made by the already rich as well as the loss in economic growth that the lower income people suffered. ... This is evident in both the "Economic Report of the President" as well as the video "Running with the Bulls." ... This increases the competition among companies to hire the best performers, which drives the wages for these partic...

• Word Count: 1133
• Approx Pages: 5
• Has Bibliography
• Grade Level: High School

Contributed by Vivek Vyas PRM-23100 Some major problems that confront Rural Non-farm Employment are as follows Changes in consumer preferences - The problems of low demand and excessive competition are the major problems that rural non-farm employment faces. ... There are signs that even this gradual process of diversification of economic activity has lost momentum during the 1990s. ... But, the expected growth in rural non-agriculture due to economic reforms does not seem to have materialized. ... Legislation and regulations - India has frequently used the tool of reserving production ...

• Word Count: 2539
• Approx Pages: 10
• Has Bibliography
• Grade Level: High School

In Immigration, poverty, and socioeconomic inequality David Card explores economic disadvantages in the United States and how population trends and socioeconomic segregation play a role in these disadvantages. In addition Card shows how labor market competition due to a rise in immigration vastly impacts local income. ...

• Word Count: 1102
• Approx Pages: 4
• Has Bibliography
• Grade Level: High School