Fears About the Downward Pressure That Low-Skilled Foreign Workers Place

question 57

True/False

Fears about the downward pressure that low-skilled foreign workers place on the wages of U.S.low-skilled workers have led U.S.labor unions to lobby for import restrictions such as tariffs and quotas.

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Definitions:

Cultural Regions

Geographically distinct areas characterized by a unique set of cultural practices, beliefs, languages, and social norms.

Capitalism

An economic system characterized by private or corporate ownership of capital goods, investments determined by private decision, and prices, production, and distribution of goods determined mainly by competition in a free market.

George Ritzer

An American sociologist known for his work on consumerism, globalization, and the concept of "McDonaldization," which describes the process by which principles of the fast-food industry dominate sectors of society.

Prosumer

A portmanteau of producer and consumer, indicating individuals who produce some of the goods and services entering their consumption.