Trends in global wages indicate that the share of the world's wealth that goes to wages has increased in recent years.

Question

Quizplus · Accepted Answer

The global trend has shown that the share of national income going to workers in wages has generally been decreasing, with a larger share going to capital or profits. This is a reflection of various factors including technological advancements, globalization, and changes in labor market dynamics.

Trends in Global Wages Indicate That the Share of the World's