Week 3 - In communistic countries, who sets the wages of workers

Question # 00857484 Posted By: wildcraft Updated on: 07/11/2024 12:27 AM Due on: 07/11/2024
Subject Economics Topic General Economics Tutorials:
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Week 3

1. In communistic countries, who sets the wages of workers? 

2. In communistic countries, who controls prices?

3. Do communisitc countries hold elections? 

4. Do the elections matter or does the ruling power monopolize power?

https://youtu.be/ZJ-cZiyYUok

https://youtu.be/rS2UFcelaBI

 5. What do you think about the minimum wage?  Is minimum wage something the government should intervene in or should the market and the people/corporations decide what the minimum wage should be? 

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  1. Tutorial # 00852978 Posted By: wildcraft Posted on: 07/11/2024 12:28 AM
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