Why do countries like bulgaria have low wages ? 10 points for best answer?

Question

Hi I am writing a report for college on why some companies from the UK choose to outsource production to other countries such as Bulgaria and Romania. I understand it is because of lower wage costs but I can't understand why these countries have lower wages, is it to do with inflation ?, gdp ?, Unemployment ? I am really not sure any help on this topic would be much much much appreciated.

Answer 1

Put simple.

Companies only make so much money. People get paid less there because things cost less because they cost less to make there because people get paid less.

Theres about 450 things to add to that, but I really can't type that much.

Answer 2

ok basically i will give u bullet points

they have many resources

they an ledc

poeple there done expect to get that much money

some times free health care is given to employees

so they dont reallly mind that they get low wages

might have a cafe

many things can be done email me if u need any help from my text book

[e-mail]

Answer 3

cause their just poor countries