Econ exam Essay Example | Topics and Well Written Essays - 250 words

Econ exam - Essay Example Furthermore, HR managers and supervisors are blamed for gender inequality practices, even when the job is suitable for professionals from both genders, mostly because of personal beliefs and the ‘glass ceiling’ effect. Even though such incidences are much more common within second or third world countries, where the position of women is mostly confined to domestic chores, the media in the US is more active on this issue. The economic impacts have been better in the case of US as well as other developed economies, especially after the recent recession, which forced many otherwise homemakers to pursue employment, and thus utilizing their unharnessed talents for economic gains; while creating a healthy competition in the job market. Moreover, even though media has been frenzy about racial and gender discrimination in the workplace (especially within the HR department), such incidences are much more common within developing and under-developed countries. As far as racial differences are concerned, the election of a President with African-American descent is evidence of the fact that the beliefs of the American populace are changing for the better. The economic influence of such events will be advantageous and profitable. Undoubtedly the most obvious and terrible social effect is that some of these couples are treated as outcasts by their own family and community members. Along with this, generation gaps cause even more negative social impacts towards the issue, especially if the cultures and beliefs amongst the couple’s culture differ substantially. Nevertheless, there is a silver lining [†¦] a social significance of interracial marriages, it is the fact that the couple will leave behind a lesson for their next generation, which is to remain indifferent towards racial differences. For something that is considered a taboo in the US, interracial marriages encompass an imperative economic