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Buy custom The Economics Of The Fast Food Industry

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Topic: Business
Number of pages / Number of words: 16 / 4281
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This brazen example of corporate welfare has continued despite an investigation by the U.S. Department of Labor in 1996, which concluded that 92% of these workers would have been hired anyway.

Fast Food chains spend about $3 billion each year on television advertising: enough money to pay 75,000 workers $40,000 a year to build hospitals, schools or any number of productive activities which would actually benefit society...


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The only group that earns a lower hourly rate is migrant farm workers.

Roughly 90% of the nation's fast food workers receive no benefits and are scheduled to work only as needed. There are few if any possibilities for advancement. Assistant managers, a misname designed to entrap workers who are looking to build a career at these chains, are also exploited, often forced to work 50, 60 or 70 hours a week, sometimes off the clock, with no serious opportunities for promotion...


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