6. THE WORLD OF WORK AND ECONOMIC SUSTAINABILITY Flashcards
(4 cards)
What are the types of workers?
Workers can be employed by private companies, by public companies, or they can be self-employed
This classification helps in understanding the labor market structure.
What has globalization introduced to the world of work?
Globalization has brought about large changes such as:
* International subcontracting is possible
* Labour-market flexibility has increased
* Labour conflicts have led to the appearance of trade unions
* Most developed countries have a minimum wage established by law
These changes reflect the evolving nature of labor relations and economic structures.
What is the wage gap?
The wage gap refers to the phenomenon where women earn less money than men
This gap highlights ongoing issues of gender inequality in the workplace.
What is economic sustainability based on?
Economic sustainability shouldn’t only be based on profitability but also on:
* Social responsibility
* Respect for the environment
This broader view of sustainability emphasizes the need for ethical practices in business.