{"id":1592,"date":"2014-05-12T15:42:26","date_gmt":"2014-05-12T19:42:26","guid":{"rendered":"http:\/\/www.principletopractice.org\/?page_id=1592"},"modified":"2025-05-05T16:08:52","modified_gmt":"2025-05-05T20:08:52","slug":"market-effects-on-wages","status":"publish","type":"page","link":"https:\/\/www.principletopractice.org\/wordpress\/from-principle-to-practice\/market-effects-on-wages\/","title":{"rendered":"Market Effects on Wages"},"content":{"rendered":"<blockquote><p>Market Effects are the result of changes in the local incentive structures and patterns of opportunity caused by the introduction of new resources. The new resources noticeably affect incomes, wages, profits, and prices so that people\u2019s perception of economic winners and losers changes.<\/p><\/blockquote>\n<p><em>Wages<\/em><\/p>\n<p>Interventions where local people are hired for jobs affect the wage structure of local communities. Such effects can increase jealousies at the personal level and, when one group has a greater representation among those who get paid than other groups, this pattern increases tensions and feeds Dividers among groups.<\/p>\n<p>There can also be competition among organizations for what are seen as \u201cqualified\u201d staff. This can drive the wages for certain jobs up, creating incentives that can draw people out of other important sectors in order to secure higher paying jobs.<\/p>\n<p class=\"box\">Previous Page <a href=\"https:\/\/www.principletopractice.org\/wordpress\/from-principle-to-practice\/market-effects-on-incomes\/\" title=\"Market Effects on Incomes\">Market Effects on Incomes<\/a><br \/>\nNext Page <a href=\"https:\/\/www.principletopractice.org\/wordpress\/from-principle-to-practice\/market-effects-on-profits\/\" title=\"Market Effects on Profits\">Market Effects on Profits<\/a><\/p>\n<p>Related Topics<br \/>\n<a title=\"Market Effects on Prices\" href=\"http:\/\/www.principletopractice.org\/from-principle-to-practice\/market-effects-on-prices\/\">Market Effects on Prices<\/a><br \/>\n<a title=\"Market Effects\" href=\"http:\/\/www.principletopractice.org\/from-principle-to-practice\/market-effects\/\">Market Effects<\/a><br \/>\n<a title=\"Why do negative Market Effects happen?\" href=\"http:\/\/www.principletopractice.org\/from-principle-to-practice\/why-do-negative-market-effects-happen\/\">Why do negative Market Effects happen?<\/a><br \/>\n<a title=\"Using Market Effects\" href=\"http:\/\/www.principletopractice.org\/from-principle-to-practice\/using-market-effects\/\">Using Market Effects<\/a><br \/>\n<a title=\"Resource Transfers\" href=\"http:\/\/www.principletopractice.org\/from-principle-to-practice\/resource-transfers\/\">Resource Transfers<\/a><br \/>\n<a title=\"Critical Detail: Resources&mdash;What do we provide?\" href=\"http:\/\/www.principletopractice.org\/from-principle-to-practice\/critical-detail-resources\/\">Critical Detail: Resources&mdash;What do we provide?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Effects are the result of changes in the local incentive structures and patterns of opportunity caused by the introduction of new resources. The new resources noticeably affect incomes, wages, profits, and prices so that people\u2019s perception of economic winners and losers changes. Wages Interventions where local people are hired for jobs affect the wage [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":7,"menu_order":10694,"comment_status":"closed","ping_status":"open","template":"","meta":{"footnotes":""},"class_list":["post-1592","page","type-page","status-publish","hentry"],"aioseo_notices":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.principletopractice.org\/wordpress\/wp-json\/wp\/v2\/pages\/1592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.principletopractice.org\/wordpress\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.principletopractice.org\/wordpress\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.principletopractice.org\/wordpress\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.principletopractice.org\/wordpress\/wp-json\/wp\/v2\/comments?post=1592"}],"version-history":[{"count":6,"href":"https:\/\/www.principletopractice.org\/wordpress\/wp-json\/wp\/v2\/pages\/1592\/revisions"}],"predecessor-version":[{"id":2944,"href":"https:\/\/www.principletopractice.org\/wordpress\/wp-json\/wp\/v2\/pages\/1592\/revisions\/2944"}],"up":[{"embeddable":true,"href":"https:\/\/www.principletopractice.org\/wordpress\/wp-json\/wp\/v2\/pages\/7"}],"wp:attachment":[{"href":"https:\/\/www.principletopractice.org\/wordpress\/wp-json\/wp\/v2\/media?parent=1592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}