Emerging economies like China and India have many workers who are willing to work longer hours for less pay than workers in developed countries like Canada.

Question

Quizplus · Accepted Answer

This statement is true. Workers in emerging economies often face lower wages and more demanding working conditions than those in developed countries. This is due to factors such as weak labor laws, low levels of unionization, and a lack of enforcement of minimum wage standards. As a result, many workers in countries like China and India are willing to work longer hours for lower pay than their counterparts in developed countries.

Emerging Economies Like China and India Have Many Workers Who