ECONOMICS (CBSE/UGC NET)

ECONOMICS

PRICE CEILINGS AND FLOORS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Most professional workers, such as teachers, receive ____
A
wages
B
salaries
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Professional workers like doctors, nurses and teachers make a greater contribution to society and so should be paid more than sports and entertainment personalities. To what extent do you agree or disagree? Healthcare is one of the major job sectors where, people can contribute to the welfare of the society.

Detailed explanation-2: -The main reason why teachers and doctors should pay higher is that they will help in an individual’s intellectual development and health. Teachers are the roots of a person’s cognitive development and doctors will help people to maintain a healthy lifestyle.

Detailed explanation-3: -Doctors are more skilled more productive/efficient in higher demand; Doctors may have a more powerful professional organization/trade union giving them greater bargaining power; Doctors may be a different gender to nurses discrimination may occur.

There is 1 question to complete.