Occupational licensing Multiple Choice functions essentially the same as inclusive unionism. attracts large numbers of workers and therefore depresses wages. often restricts occupational entry and raises the incomes of license holders. has been declared illegal in the majority of states.

Question

Business

Gwendolyn Barr

27 January, 19:09

Occupational licensing Multiple Choice functions essentially the same as inclusive unionism. attracts large numbers of workers and therefore depresses wages. often restricts occupational entry and raises the incomes of license holders. has been declared illegal in the majority of states.

+3

Answers (1)

Know the Answer?

Piggy · Answer 1

Answer: often restricts occupational entry and raises the incomes of license holders.

Explanation:

Occupational licensing is a form of government regulations that requires a license to pursue a vocation or profession.

Professions that tend to have a more negative effect on individuals such as lawyers and lphysicians and lawyers, require occupational licenses. Occupational licensing restricts workers without the license from joining some professions and for those who have the license, there income are usually higher.