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> The fact that different professions earn different amounts of money is, in fact, an indicator that the higher paying professions have a shortage of people abl
by Znafon 7y ago
> The fact that different professions earn different amounts of money is, in fact, an indicator that the higher paying professions have a shortage of people able to perform the work.
If we have 2000 people, we need 1000 doctors and 1000 secretary and it takes 8 years of training to be the former and 1 year for the later, won't doctors be paid more even without shortage to take into account risks and length of studies?
- rileymat2 7y agoNo, but the length of study and risk will generally cause the shortage at a particular wage.