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2 years ago

How can inequality or discrimination hurt an economy's ability to maximize its human capital?

Business

2 answers:

Vanyuwa [196]2 years ago

5 0

Answer

Discrimination or inequality is no justice against different categories of people.This normally occurs based on the grounds of age, sex or gender and the age or even based on the religious beliefs.

Explanation

When there is discrimination based on the above mentioned grounds that is racial among others which is treating people differently and some are treated well and others worse can easily weaken the economy. This will happen because some groups will feel that they dont fit in the community and due to unfair treatment they will not be in a position to interact with others. This will ruin the trade between different groups. They will also not be able to work with full potential in their working areas which will make their company s to less income.

inessss [21]2 years ago

3 0

Well, if people are discriminated against and feel they are not equal to some other classes in their own society, they obviously will not be happy which will have an impact on their jobs and careers. If they are not happy, they will not give their full potential at their jobs, which will ultimately lead to less and less income for the company.
That's what I think, at least. :)

You might be interested in

Darrell is the owner of a furniture store. Last year, his total revenue was $525,000 and his total labor costs were $200,000. Hi

Cloud [144]

Answer:

$600,000

Explanation:

Economic profit is accounting profit less implicit cost or opportunity cost.

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

Economic profit = Accounting profit - Opportunity cost

Accounting profit is total revenue less total cost.

Accounting profit = total revenue - total cost

Total revenue = $525,000 + $600,000 = $1,125,000.

Total cost = $175,000 + $45,000 + $200,000 = $420,000

Opportunity cost = $105,000

Accounting profit = $1,125,000 - $420,000 = $705,000

Economic profit = $705,000 - $105,000 = $600,000

I hope my answer helps you

7 0

2 years ago

Sam has decided to buy a burger and fries at a restaurant, but he is considering whether to buy a drink as well. Suppose the pr

Alex Ar [27]

Answer:

$.49

Explanation:

In this question we have given

Cost of one burger=$3

Cost of fries=$1.5

Cost of drink=$2

Cost of value meal=$4.99

Therefore, marginal price of drink=cost of value meal-cost of fries and burger

=4.99-3-1.5

=$.49

4 0

2 years ago

Suppose that you start working for a company at age 25. You are offered two rather unlikely, but quite enticing, retirement plan

Harlamova29_29 [7]

Answer:

Total amount= $600,000

Explanation:

Giving the following information:

Suppose that you start working for a company at age 25.

Option 1:

$20,000 for each year of work.

Number of years of service= 55 - 25= 30 years

Now, the total retirement plan:

Total amount= 30*20,000= $600,000

8 0

2 years ago

Braun Company has one service department and two operating (production) departments. Maintenance Department costs are allocated

11111nata11111 [884]

Answer:

$154,900

Explanation:

The computation of the total cost of operating the assembly department as follows:

= Direct expenses of assembly department + allocated amount

= $123,400 + $52,500 × 69,000 ÷ (69,000 + 46,000)

= $123,400 + $52,500 × 69,000 ÷ 115,000

= $123,400 + $31,500

= $154,900

8 0

2 years ago

Barbara solicits input from her subordinates before making decisions that will affect them. She often praises them for good work

stiv31 [10]

Answer:

Letter B is correct. Participative.

Explanation:

The participative leadership style is characterized by a leader whose focus is on including employees in most of the organizational decision making process. It is a type of leadership that prioritizes teams and their decisions are relevant to the point of establishing a majority vote in the company to assist in organizational issues and actions.

There are many added benefits in organizations that adopt a participatory leadership style, some of which are:

Greater acceptance of consensus-based practices and policies. Employees feel valued and motivated to achieve organizational goals because they feel they are part of the company's achievements.
Encourages employee creativity and collaboration in problem solving.

Decreases turnover and turnover costs as employees choose to stay with the company to see their plans assist in organizational success.

6 0

2 years ago