Part 27 (1/2)

8. What is the fundamental cause of low wages? Explain clearly.

9. What is an economical remedy for low wages?

10. Why will higher wages result from an increase in the demand for labor?

11. By what three methods may the demand for labor be increased?

12. Name some of the methods whereby the supply of labor may be decreased.

13. What is the importance of personal efficiency in our program?

14. What is the relation of wages to poverty?

15. What is the importance of an economical utilization of income?

16. Summarize the argument in this chapter.

17. Why is the program outlined not an immediate panacea for all social and economic ills?

REQUIRED READINGS

1. Williamson, _Readings in American Democracy_, chapter xvii. Or all of the following:

2. Carver, _Elementary Economics_, chapters xiv, xxix, x.x.xi, and xivii.

3. Carver, _Essays in Social Justice_, chapter i.

QUESTIONS ON THE REQUIRED READINGS

1. Why does the need for justice arise? (_Essays_, page 3.)

2. What is the first duty of the state? (_Essays_, page 9.)

3. What is moral law? (_Essays_, page 23.)

4. What is the relation of meekness to national strength? (_Essays_, pages 33-34.)

5. What is meant by a ”balanced nation”? (_Elementary Economics_, pages 118-119.)

6. What is the aim of balancing a population? (_Elementary Economics_, page 119.)

7. Name an important method of securing this balance. (_Elementary Economics_, pages 119-120.)

8. What cla.s.ses of the population multiply the least rapidly? Why is this undesirable? (_Elementary Economics_, page 120.)

9. What is the object of the ”geographical redistribution of population”? (_Elementary Economics_, page 120.)

10. Explain the working of the ”law of variable proportions” in industry. (_Elementary Economics_, pages 258-260.)

11. Why are there differences of wages in different occupations?