An industry which is incapable of paying the ----------------- wage has no right to exist & for fixing this wage the needs of the worker & his family should get prime consideration. Name the wage.

An industry which is incapable of paying the ----------------- wage has no right to exist & for fixing this wage the needs of the worker & his family should get prime consideration. Name the wage.

If the government abolishes minimum wages, what kind of policy is this?

The U.S. government sets the federal _______ wage, and employers cannot pay workers less than this wage.A.livingB.minimumC.maximumD.dailySUBMITarrow_backPREVIOUS

In a _____, the factors of production are owned collectively rather than individually, and no incentives to work harder or to produce quality products are provided.Group of answer choicesprivate enterpriseScratchcommunist economic systemScratchmixed economyScratchsocialisticScratchcapitalisticScratch

Which phrase describes a living wage?A.The minimum income needed for employees to meet their needsB.The most efficient wage created by the labor market.C.The lowest hourly wage employers can pay employeesD.The most equitable wage employees can make from employersSUBMITarrow_backPREVIOUS