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>> industries where it's very difficult for new blood to break into What are examples of such industries?
by gedrap 9y ago
>> industries where it's very difficult for new blood to break into
What are examples of such industries?
- sharemywin 9y agoTechnology is very hard to get into without experience(or even with the wrong kind of experience). Healthcare, anything with a license(usually requires some kind of apprenticeship).
- daemin 9y agoThe canonical example is in Medicine: Doctors, Surgeons, Dentists. All of these professions have strict professional bodies which limit the number of people that can enter them, therefore be it intentionally or not, the wages are kept high.
- noobermin 9y agoI think when it comes to healthcare, it will always be the exception, give the inelasticity of the demand for healthcare.
- daemin 9y agoActually the demand for healthcare will change when there is a change in price. There will always be a base demand level, but if you change the price of seeing a doctor then people would be more inclined to see them for minor things - annoyances, rather than emergencies. Therefore if you allow for more doctors to be created the salary should drop, and if all goes to plan the price for healthcare should also drop. Although my opinion is in the current US climate, the prices will remain the same and someone else will just suck up the profit.