#CIRCULAR FLOW DIAGRAM FULL#
#CIRCULAR FLOW DIAGRAM TRIAL#

Transcript: Circular-Flow Diagram The people that live under the same roof, share their wages, and make the world go round:) Markets for Goods and Services Foreign lending and purchases of stock Where the gov. THE REST OF THE WORLD Wages, profit, intrest, rent. People that have an income.AKA consumors. The people that run the country/take all your money. Wal-Mart is the world’s largest private employer, and as the Ninth Circuit wrote, “mere size does not render a case unmanageable.” The Supreme Court should give the women of Wal-Mart a chance to make their case together. Wal-Mart could face more than $1 billion in damages if the case proceeds and the company loses. If this goes forward it would be the largest employment discrimination lawsuit in American history. The Ninth Circuit agreed and said it was better to deal with the matter in one lawsuit than with thousands clogging up the court system. Judge Jenkins found that the potential discrimination was big enough to affect women as a class. Just because statistics showed a general salary gap, and more than 100 women presented evidence of second-class status, does that mean that each of the more than one million women who have worked at Wal-Mart in the last decade were victims of discrimination? The company said that was an outlandish claim, and argued that there was no pattern or intent of discrimination. The salary gap widened over time even for men and women hired into the same jobs at the same time, he wrote, and women took longer to enter into management positions. Jenkins wrote in 2004, the statistics showed that women working in Wal-Mart stores were paid less than men in every region and in most job categories. The case originally began with seven female employees of Wal-Mart who realized that men were being paid more than women for comparable jobs and were getting promoted more often.

#CIRCULAR FLOW DIAGRAM FULL#

Wal-Mart’s employment practices deserve a full hearing. We hope the court resists the temptation to toss out the case, which would force women to file lawsuits one by one. It is probably a smart legal move, given the court’s clear tendency to rule in favor of corporations, particularly when big classes or discrimination claims are involved. Related Times Topic: Wal-Mart Stores Inc.Now Wal-Mart has taken the class issue to the Supreme Court. In 2004, a federal district court judge said they did, and in April the Ninth Circuit Court of Appeals agreed, ruling the case could proceed. The battleground instead is whether the million or so women who have worked for Wal-Mart since 2001 really constitute a class, which the company vigorously disputes.

#CIRCULAR FLOW DIAGRAM TRIAL#

So far it has avoided a trial on the merits of the issue. For nine years, Wal-Mart has fought to stave off a class-action lawsuit alleging that the company has long discriminated against its female workers in pay and promotions. Wal-MartPublished: AugRecommend Twitter Sign In to E-Mail Print Reprints Share Close LinkedinDiggMixxMySpace. Goverment transfers HOUSEHOLDS FINANCIAL MARKETS Investment spending. Where people that have an income spend their money.

Litteraly meaning the rest of the world.Inports and exports to the rest of the world eqaul money. Government purchases of goods and services. Transcript: Places where firms buy methods of production.

Circular flow diagram