What should your personal and social responsibility be

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Question: Knowing and understanding the laws of supply and demand, as they relate to the application of ' labor markets, should governments be charged with determining what the value of_one's productivity and contribution to society is or should society determine what they are willing to 1 pay for your productive cof'i'tribut'ions to society? To what extent has the (almost a century old) policy change (government mandates on wages) achieved its goals? (Hint: what has the trend been at reducing poverty). What should your personal and social responsibility be in addressing the poverty issue, in other words what may you do personally to improve society's well-being? (Hint: what role does Higher Education have in combatting poverty?

Reference no: EM133440538

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