Critical Thinking Questions

Tevin larmond

Chapter 14 – Critical Thinking Questions

1. Please list and describe, in detail, five "problems of work."

When you are getting paid 7.40 an hour, people that work for 7.40 and hours get upset with their manager because they are working so hard and that's all they get for been there. Reflecting back my summer, I was only working 20 hours a weeks and I was getting paid 7.40 an hour and I was be at work from 3 to 12 o'clock at night. So I told the manager that I had to go find another job because 7.40 weren't enough and working 20 hours a week either. Work as a college student over the summer is good but you want to make good money to come to back to school with and try to pay off some of your student's loans. Another problem is not getting along with the co-workers there because some of them will try to treat you in a different way because they are a head of you. Some of the head workers expect things to be done right away when you are doing something else. And it is hard to do two things at the same time. That can be a problem also.

Unemployment insurance matters to workers and to the national economy. It helps us weather tough times and boosts the economy during downturns. America's workers deserve expanded unemployment insurance that covers all jobless workers and provides adequate benefits for them. In tough times, the unemployment insurance system is there to help keep us afloat. Unemployment insurance payments keep families out of poverty and help them stay engaged in the economy. And at times when long-term unemployment is high, UI benefits are even more important to those who have lost jobs and to their communities.

2. Please describe how globalization has impacted the economy both in the United States and globally. The impact has been stunning. More and more developing countries have been experiencing sustained growth rates of 7-10 percent; 13 countries, including China, have grown by more than 7 percent per year for 25 years or more. Although this was unclear at the outset, the world now finds itself just past the midpoint in a century-long process in which income levels in developing countries have been converging toward those in developed countries. Now, the emerging economies' impact on the global economy and the advanced economies is rising rapidly.

The evolving