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From 1 July 2014 to 28 July 2014 workers in the metal and engineering industry went on strike, demanding a 15% increase in wages as from 1 July 2014 - NSC Mathematical Literacy - Question 2 - 2016 - Paper 2
Question 2
From 1 July 2014 to 28 July 2014 workers in the metal and engineering industry went on strike, demanding a 15% increase in wages as from 1 July 2014. Employers appli... show full transcript
Worked Solution & Example Answer:From 1 July 2014 to 28 July 2014 workers in the metal and engineering industry went on strike, demanding a 15% increase in wages as from 1 July 2014 - NSC Mathematical Literacy - Question 2 - 2016 - Paper 2
Step 1
Hence, state ONE other negative financial implication of a prolonged strike for a worker.
Answer
One negative financial implication of a prolonged strike for a worker could be that:
- Employees may face increased personal debt due to their inability to earn wages during the strike period. As bills accumulate and must be paid, workers may resort to borrowing money, which can lead to long-term financial instability.