What are some of the consequences of the changing economy in

What are some of the consequences of the changing economy in the 21st century?

disposable workforce

part-time, nonstandardized, temporary work

unemployment

all of the above

poverty-level wages

A.

disposable workforce

B.

part-time, nonstandardized, temporary work

C.

unemployment

D.

all of the above

E.

poverty-level wages

Solution

21st century is characterised by the casualisation of work force, and due to use of capital intensive techniques in production , unemployment level is also on rise.

competition among the wage earner is pushing wage rate down.

Right answer is (D)

What are some of the consequences of the changing economy in the 21st century? disposable workforce part-time, nonstandardized, temporary work unemployment all

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