Globalization and immigration
Download
1 / 12

Globalization and Immigration - PowerPoint PPT Presentation


  • 181 Views
  • Uploaded on

Globalization and Immigration. “THE WORLD IS FLAT” THOMAS FREIDMAN. “The greatest improvement in the productive powers of labor…seem to have been the effects of the division of labor….(and) the division of labor is limited by the extent of the market.” Adam Smith, The Wealth of Nations

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' Globalization and Immigration' - toyah


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

The world is flat thomas freidman
“THE WORLD IS FLAT” THOMAS FREIDMAN

  • “The greatest improvement in the productive powers of labor…seem to have been the effects of the division of labor….(and) the division of labor is limited by the extent of the market.” Adam Smith, The Wealth of Nations

  • Improvements in telecommunications and transportation have vastly expanded the markets for goods and for labor

  • Cheap foreign goods and services are good, but, isn’t American labor being priced out of the market?




Why have the wages of low skilled americans fallen
Why have the wages of low-skilled Americans fallen? Manufacturing

  • If its only increased competition from foreign workers that is driving the wages of Americans down then firms should be taking advantage of these lower wages for unskilled labor by increasing the ratio of unskilled to skilled labor in their operations. But the opposite has occurred. The ratio of non-production to production workers has trended upwards in American plants.

  • This is a world-wide phenomenon.




Demographic overview
Demographic Overview Manufacturing


ad