Ask Question
1 September, 22:33

There is a difference between the transference of high paying white collar jobs, such as computer programming and accounting, to developing nations and low paying blue collar jobs? If so, what is the difference, and should government do anything to stop the flow of white collar jobs out of the country to countries like India?

+5
Answers (1)
  1. 1 September, 23:17
    0
    Answer&Explanation:

    Yes there is a difference between the two, outsourcing blue collar jobs to developing countries is based on transferring of capital and labor intensive industries, moving them from a high wage area to a lower wage area so that the cost of production can be be reduced.

    This will lead to people losing their jobs in the high wage area but more jobs will be created in the lower wage area. The advantage though if this process is that exporting goods from lower wage area will be cheap and that benefits consumers in the high wage area not only locally but also globally as the goods becomes cheeper and more accessible.

    Developing countries will be able to invest in hi tech machinery in order to manage their mass production and enhance effeciency and productivity.

    These hi tech machinery are produced from developed states, hence an order will increase for the machinery and that would benefits the developed nations.

    Government shouldn't completely stop outsourcing but manage this flow in a way that it doesn't completely affect the people in the developed nations, but outsourcing still comes with a lot of benefits such as low production rate of product making it cheaper to access them.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “There is a difference between the transference of high paying white collar jobs, such as computer programming and accounting, to developing ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers