Unemployed people who want to work but whose presence tends to depress the wages of other workers and keep them from making demands on their employers are known as __________.

Question

Quizplus · Accepted Answer

The term "the reserve army of the unemployed" refers to unemployed individuals who are willing to work and whose existence in the labor market puts downward pressure on wages and discourages employed workers from demanding better conditions or higher pay. This concept is often discussed in Marxist economics.

Unemployed People Who Want to Work but Whose Presence Tends