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The resistances to globalization are varied, ranging from boycotts to protests to reorganizing how groups and communities live. Think back to the study of revitalization movements as part of religious movements. How might revitalization movements be harnessed as a response to globalization?
Wages
Payments made to employees for their labor, typically calculated on an hourly, daily, or piecework basis.
Economic Rent
The excess payment made to a factor of production over and above what would be needed to keep it in its current use.
Marginal Revenue Product
The additional revenue generated from employing one more unit of input, such as labor or capital.
Primary Labor Market
The segment of the labor market that consists of high-paying jobs with good benefits and job security, often requiring higher education or specialized skills.
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