Buy custom How has the level of employment/unemployment and national minimum wage legislation impacted on the economy as a whole and how will this effect the economy in the years to come?
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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1595 |
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As a country begins to develop an industrial base there is an increase in the secondary sector. An increase in machinery on farms means fewer people are needed. This is when People tend to migrate to urban areas to increase there chances of employment. When a country becomes more economically developed like such countries as the UK Japan and the USA there is a increase in demand for services such as education, health care and tourism...
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Therefore the tertiary sector undergoes growth. By this time computers, machinery and robots replace people in the secondary sector hence the decrease in secondary jobs.
The UK has a low proportion of people working in primary industry. This is partly because of mechanisation. Machinery has taken over jobs in the primary sector...
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General points of the essay
Corporate Governance is base for the sound economy
Effects Of The National Minimum Wage On Unemployment And Inflation
How has the level of employment/unemployment and national minimum wage legislation impacted on the economy as a whole and how will this effect the economy in the years to come?
Minimum Wage Increase has a Maximum Impact
Minimum Wage Legislation
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