Chapter 1 * Box 1: The ford company when it starting paid employees more then the going rate by lowering their production cost(efficiency wage theory) to have them stay more once wage was brought up to 5$ there was an 87% quit rate , 90% discharge and 75% increases for absents. Basically better treated employee the better ur business will be. * Box2: Talks about Patriarchy where men benefit socially and materially for women’s work, happened in Africa where women do most of the agricultural labor. Karl Marx believed that including women in work place would cause the last remnant of male domination and the home will lose their foundation, also in new Mexico men and women were equal but it changed when they were forced to head to Colorado. * Box3: Monopolist can ^price making customers go to substitutes, in the cases of wheelchair(wc) from Everest and Jennings had 90% of the WC market they prevented foreign exchange. All this changed in the 80’s they starting testing product because it was so cheap, more lawsuits were made making it harder for e&j to continue following their unethical steps * Box4: Income rate in U.S with 40 mil uninsured because health care company do not cover most procedure especially the ones that have low success rate. Senator Vance hartke debate in congress that life and death shouldn’t be base on $$ coming from noncovered kidney dialysis, bill passed 39% ^ in covered people bout 150K people, now from 606 procedures not covered now only 580.
Chapter 2 * Box 1: talks about the issue with lowering prices in 3rd world countries, if p of workers wage, better consumer prices. States krugman , consumers should simply shut up, and other companies have done something for change like college gear where students enforced good wage and working condition for the factories by 2000’s majority of college name clothing meet requirements.
Chapter 3 * Box1: There is a difference in employment with African-American because they have no stills and do not live in neighborhoods where growth of jobs. Unemployment rate in 2000 was 3.9% The federal reserve believe it was 5.2 and there was a high demand for goods, so made limited credit for cars making official rate to be 5.8 * Box2: in Vietnam war unemployment was 5.7% 1963 and 3.6 1968. Government needed to increase military spending so they made company develop goods for the military. Johnson admin. Could have ^ price level as the reduction in consumer prices, but he raises taxes through a surcharge in 1968-1970 * Box 3: the difference between male and female job and the different pays. Women study in naturing profession and males other wise. The reason for that is because women seek studies that benefit job wise and at home. * Box 4: Marginal Tax Rate addition income that goes to the government. 1989 low passed where families with income lower then 21K do not pay taxes but as income ^ less food stamp making it difficult for single parents mothers
Chapter 4 * Box 1: Dice que podemos sabes el precio de una vida porque alas personas que tienen un trabajo peligroso se les paga 500 más cada año y como las probabilidades de que una persona muera al año son de 0.04 esto quiere decir que es una persona en 2500 o sea que 2500 personas por 500 te da el valor de una vida que sería 1.25
Box 2 :Los hombres y mujeres negros Ganan más En sus trabajos si Forman parte del O se si se refiera a como los que mejor salieron al graduarse Que los blanco que mejor se graduaron Porque como hay mas blancos que negros que mas se gradúan es que no se a que se refiere con top third y lowest third
Box3: Black worker were hired in the south because no unions, whites in south had 50 stirkes 4 no black workers. Detriot and philly not Black wokrers till 30. Little change develop of klu klux klan, then even out.
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