THE ECONOMICS OF DISCRIMINATION

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THE ECONOMICS OF DISCRIMINATION

Another source of differences in wages is discrimination. Discrimination occurs when the marketplace offers different opportunities to similar individuals who differ only by race, ethnic group, sex, age, or other personal characteristics. Discrimination reflects some people’s prejudice against certain group s in society.Although discrimination is an emotionally charged topic that often generates heated debate, economists try to study the topic objectively to separate myth from reality.

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THE ECONOMICS OF DISCRIMINATION