This is a thread to discuss the long answers....
My first doubt...May June 2004 paper 4 question 4
In 2002 in the UK public sector fire-fighters threatened to go on strike because they stated that
their earnings were very low compared with other workers. In the same year Robbie Williams, a
singer from the UK, signed the largest ever recording deal in the music industry, worth millions of
pounds.
Discuss whether the economic theory of wages can explain how workers in a vital industry such
as the fire-fighting service can have lower pay than workers in a less vital industry such as
entertainment. [25]
My first doubt...May June 2004 paper 4 question 4
In 2002 in the UK public sector fire-fighters threatened to go on strike because they stated that
their earnings were very low compared with other workers. In the same year Robbie Williams, a
singer from the UK, signed the largest ever recording deal in the music industry, worth millions of
pounds.
Discuss whether the economic theory of wages can explain how workers in a vital industry such
as the fire-fighting service can have lower pay than workers in a less vital industry such as
entertainment. [25]