SOC 203 Chapter Notes - Chapter 4: Business Cycle

• School: Ryerson University
• Department: Sociology
• Course: SOC 203
• Professor: Margaret Reid

Document Summary

Common sense that af uence = happiness based off this it would mean people that have secure jobs, high wages and good working conditions are happier than those on the other end (ie. poor, low wages) & that happier workers are less likely to strike , since compared to unhappy workers their needs & demands seem to be met. Workers who stake are unlikely to be rich, therefore need a better measure of worker"s being than gdp one candidate is the unemployment rate, it affects ordinary workers than the. ** this is the opposite of the common sense view outlined above. Strike research on the effect of the business cycle. In conclusion, a substantial body of research demonstrates association btw business cycle and strike frequency the association is strongest in north america in post ww2 era bc it is the setting least in uenced by institutional & political variables.