Suggestions(5)
Exact(3)
In response to rising wages, production (of clothes, for example) is shifting from China to South-East Asia and Africa, led by Japanese firms which are also worried about a war with the Middle Kingdom.
Prices, wages, production quotas and, in effect, nearly every detail of business practices in an industry were to be set by small groups of government, labor and industry leaders.
A business budget is different from a personal budget, as you will need to account for staff wages, production costs (if any), and funds for marketing your business.
Similar(53)
South Carolina's manufacturing activities historically have been typified by low-wage production of fabrics and other nondurable goods, but with shifts in the state's economy since the late 20th century, transportation equipment and other durable goods have become more significant.
To be sure, one reason the unions are worried about lax labor standards overseas is that they make it attractive for multinational companies to move operations to low-wage production sites.
So long as China had a huge mass of unemployed, wages were held in check, and – according to Greenspan – competition from low-wage production there held down wages in the rest of the world, including even rich countries like the United States.
Saab was able to get away with this business model in the good old days before the Japanese, before the Koreans, before low-wage production in Eastern Europe.
Kongar (2005), found that female share in low-wage production employment declined in the more trade affected, concentrated industries in the USA (no significant effect on the overall share of female employment), and argued that this decline is itself a plausible explanation for the reduction in the gender wage gap found by Black and Brainerd (2004).
In the valuation of production costs it was assumed first that the fall in production was greater than the level of the wage, using a wage-production ratio of 1.2.
In this section Overview Output, demand and jobs Prices and wages Industrial production Money and interest rates The Economist commodity price index Stockmarkets Trade, exchange rates and budgets Hedge-fund performance Reprints.
In this section Overview Output, demand and jobs Prices and wages Industrial production Money and interest rates The Economist commodity price index Stockmarkets Trade, exchange rates and budgets Exchange-rate forecasts Reprints.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com