what is the reason for gap of labor force cost between developed countries and developing countries?
labor in developing countries is very cheap. for example, a chinese software engineer's salary is just 1/7 of that of a japanese software enginner. what is the fundamental root for this phenomenon?
Asked By: benny - 12/17/2007
Best Answer - Chosen by Asker
First the immediate reasons, then the fundamental reason... More
Answered By: KevinStud99 - 12/17/2007
Additional Answers (1)
when you're poorer you accept less payment for the same job. plus in most of the developing countries prices are lower than those in developed countries so not having to spend so much on things is enough to make you settle for less.
Answered By: tibi s - 12/17/2007
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