3.3.3—Reasons for differences in wages
- Syllabus
- 0455–2027–2028
- Objective
- 3.3.3
- Level
- —
3.3.3—Reasons for differences in wages
- reasons for differences:
- demand for and supply of labour
- relative bargaining strengths
- discrimination, e.g. male/female
- government policy
- how these reasons influence the wages of workers, depending on:
- level of skills of workers
- economic sector workers operate in: primary/secondary/tertiary
- discrimination between workers, e.g. male/female
- whether the worker is working in the private sector or public sector
ConceptIGCSE Economics