None_provided Essay, Research Paper
Assignment # 2
Plumbers NHL Players
Average salary of $46 000 Earn more than $250 000 (minimum wage)
Not a very desirable job A very desirable occupation
If City gets smaller and supply remains the same, demand decrease and vise versa Hockey is Canada.s national support and the demand is very high
If wages go up, supply increases, demand decreases drastically. No shortage of hockey players only shortage of exceptionally talented hockey players
Demand for good players is very high. Teams want franchise players and fans pay to see good players
Demand for millions of fans is high for the limited supply of exceptional talent
b) Governments: fix minimum wage
influence fringe benefits
Labor Unions: use their power to maintain or increase wages of their members
Improve working conditions
Large Employers: have considerable power to keep wages low
Mobility of Workers: high wages in one area would draw workers from lower paying areas of the country.
Other Factors: specialized training results in higher wages
Discrimination against women and minorities has meant they get paid less
Some professions were closed to women and minorities
Promotions were rare for women and minorities
GDP (Gross Domestic Product): measures the total value at market prices of all final goods and services produced in Canada over a period of time (usually a year).
Lorenz Curve: Measures the inequality of wages according to the percentage of families.
Income Equality
Natural ability- born with disability or with a specific talent.
Education- completed relavant courses in order to gain knowledge other.s don.t have
Property Ownership- owning large valuable assets puts you ahead
Ability to influence wages-Labour unions and professional association help raise wages for a select few professions
Discrimination- hurts minorities and women
Poor health- unable to work and earn a decent income
Region of residence some areas of countrys have higher employment
Luck- the right place at the right time has a lot to do with income equality.
Weeks worked- workers who work all year round gain benefits and thus have the edge over others.
Age- too young not enough money because of lack of experience. Too old not enough money because lost skills.
Government Anti Poverty Progams such as welfare, security pension, unemployment insurance and others try help out the poor or disadvantaged however I believe that this is the wrong approach. You got to follow the saying .Give a man a fish he will have food for a day, teach a man to fish he will have food for life. Let old people do the sit down jobs and young people do the labour.
Poverty:
1) The minimum level of income that is required to adequately feed, clothe, and shelter a family. Created by Professor Sarlo for Nippissing Univerisity who sets the poverty line for families making less than $15 067.
2) A standard that defines what a Canadian needs to live with dignity among other Canadians. Created by a House of Commons sub committee (composed only of Conservatives) headed by Conservative MP Barbara Greene. This is a more detailed plan as it has different levels of poverty for different cities.
3) Statistics Canada.s Low income Cut Off is a relative measure closely tied to the average income and consumption patterns of Canadians.
Cause of Regional Inequality
The fish depletion has lead to huge umemployment in Atlantic Canada while the agricultural industry has lead to unemployment in Western Canada. However the technology sector has created jobs in Ontario, Quebec and B.C
NIT (negative income tax)- an alternative to the welfare system
Advantages Disadvantages
It can replace welfare schemes that destroy the incentive that people have to get off it. Very expensive. No tax revenue + support = double whammi
It would guarantee a minimum income for all Questionable whether there is incentive
It would treat all families with the same income the same Present programs may be better designed to meet the individual needs of people
Less humiliating to the poor. Equality
Workers would receive a higher income than non workers Perhaps a combination of both programs would be helpful
Pg. 164
1) It is safe to say that in Canada men hold most of positions in high paying desirable jobs., while most women hold position in the lowest paying least dersirable jobs.
2) Yes I agree with Professor Watson. I am a babysitter and it is not very hard to look after children. One babysitter training course that lasts 2 days is more than enough training. A 12 year old is legally allowed to baby sit. It makes no sense
Pg. 176
3) The house of Commons standard is the best measure of poverty. It is the most detailed as it gives different poverty lines for different cities. It doesn.t just include the bare necessities. All families no matter how poor need extra money for fun.
Pg.181
1) Yes I believe that the welfare system should be replaced. I believe that unless they are disabled or a single parent
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