Examlex
The figure given below represents the effects in the labor markets due to migration. Here the world has been divided into a high-income "North" (left panel) and a low-income "South" (right panel) . Dn and Sn are the labor demand and the labor supply curves in North. Ds and (Sr + Smig) are the labor demand and pre-migration labor supply curves in South. Sr is the post-migration labor supply curve in South. The value c is the cost of migrating. When migration between North and South is allowed, how many workers will choose to migrate to North?
Historical Significance
Refers to the importance of an event, place, or person in history due to its impact, consequences, or contributions to broader historical processes.
Bonanza Farms
Large-scale agricultural operations in the United States during the late 19th century that utilized advancements in farming technology and practices to produce massive quantities of crops, particularly wheat.
American Citizenship
The status of being a citizen of the United States, entailing certain rights, duties, and privileges as outlined by the U.S. Constitution and laws.
Chief Joseph
A leader of the Nez Perce tribe who conducted a remarkable retreat in an attempt to lead his people to Canada in 1877 to escape conflicts with the U.S. government.
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