world_organizations hard Fill in the Blank

The ILO's Global Wage Report analyzes trends in real wages, wage inequality, and the labor share of income across countries, providing evidence for policies that promote fair remuneration, reduce poverty, and support sustainable and inclusive _____ growth.

  1. economic
  2. technological
  3. cultural
  4. military

Answer: economic

The Report highlights that stagnant wages can undermine consumption, demand, and social cohesion. It advocates for minimum wage adjustments, collective bargaining coverage, and productivity-linked pay to ensure that economic growth translates into decent living standards for all workers.

Topic International Labour Organization
Exam Relevance UPSC, SSC