In the Nanaimo Coalfields in British Columbia in the 1870s

question 123

Multiple Choice

In the Nanaimo coalfields in British Columbia in the 1870s, miners of Chinese descent received lower wages than miners of British and Scottish descent. Although the wages of both groups tended to rise over time, the gap persisted until after WWI. Both groups of miners did the same work and were equally productive. What do economists call this pay differential?

• A) job-entry discrimination
• B) wage discrimination
• C) prejudicial differentials
• D) compensating differentials

---

Definitions:

Inventory Cost

Inventory cost includes all costs associated with procuring, storing, and managing goods a business intends to sell.

Financing

The act of providing funds for business activities, making purchases or investing.

Shelf Life

The length of time for which an item remains usable, fit for consumption, or saleable.

Storage

The act of keeping or placing goods or data in a designated space for future use or retrieval.