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

Question

Quizplus · Accepted Answer

Emerging economies generally have lower labor costs than developed countries due to factors such as lower wages and weaker labor protections. This can make workers in these countries more willing to work longer hours for less pay than their counterparts in higher-income countries.

Emerging Economies Such as China and India Have Many Workers