Labour Supply Labour supply can be defined as the availability of suitable human resources in a particular labour market. The suitable human resource would be the one not only with the required skills for a particular job but also it must be willing and able to work at the existing wage rate. Labour market is similar to commodity market with the difference of labour (human resource) being demanded and supplied at a particular price (wage).Labour supply is frequently represented graphically by
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CHILD LABOUR The term “child labour” is often used interchangeably with “working child” or “employed child”. While all these terms are defined on the basis of age of the person working. According to the Constitution of India‚ child labourer may be defined as a person who is below the age of 14 years and is working for an earning. However‚ child labour denies children the opportunities for mental and physical development and consequently their life chances are marred. Children engaged in domestic
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Division of labour Today Today‚ the world we live in‚ is progressing so rapidly. Be it‚ the increasing number of mega cities‚ the tremendous advances in medicine‚ the huge number of products that we depend on everyday‚ the wonders of internet‚ the satellites and the space ships‚ nothing has been the same with the never-ending human desire for better life. If we wonder how it was all possible? Well‚ the answer that Adam Smith gives is ’Division of Labour ’. Today‚ even simplest form of labour like‚
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CHILD LABOUR Introduction According to the International Labour Organisation (ILO) a new generation of children is being deprived of the chance to take their rightful place in the society and economy of the 21st Century. The ILO has proposed that ‘child labour’ will disappear in a decade. If this happens well and good. But in reality the situation is worsening. One in eight children in the world is exposed to the worst forms of child labour which endanger children’s physical‚ mental health
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EVILS OF CHILD LABOUR INTRODUCTION: Childhood is the most innocent stage in a human life. It is that phase of life where a child is free from all the tensions‚ fun-loving‚ play and learns new things‚ and is the sweetheart of all the family members. But this is only one side of the story. The other side is full of tensions and burdens. Here‚ the innocent child is not the sweetheart of the family members‚ instead he is an earning machine working the entire day in order to satisfy the needs and wants
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Child Labour Child labour is one of the topic that presents strong emotions‚ beliefs and opinions. Most people are opposed to the involvement of children in labour force activities when they are at an age when other activities‚ such as education and play‚ should be the central role in development. However‚ child labour represents an extremely difficult and complex issue which often extends beyond emotions‚ beliefs and opinions. Much of this has to do with the understanding that a wide variety
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Child Labour What is it? Child labour refers to the employment of children in any work that deprives children of their childhood‚ interferes with their ability to attend regular school‚ and that is mentally‚ physically‚ socially‚ it is dangerous and harmful.[ When did it start? In the late 1700’s and early 1800’s‚ powerdriven machines replaced hand labour for the making of most manufactured items. Factories began to spring up everywhere‚ first in England and then in the United States. The owners
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relationships between the supervisors and employees. As long as employees feel that their voice is being heard and the appropriate action is being taken‚ then they should feel good about the fact that their supervisors have their best interest. Furthermore‚ if they have the ability to influence and improve the conditions of the work environment‚ then there is no need to establish a formalized method to discuss these changes through the union. In the same way‚ if employees communicate in a respective and constructive
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To what extent was party policy the most important factor in the fluctuating fortunes of the Labour party 1900-45? The main aim for Labour at the start of the 20th century was to establish itself as a party that recognised and appealed to the working classes‚ as well as breaking down the two-party system in Britain with the addition of a new political force. The founding of the Labour Representation Committee can be attributed somewhat to Keir Hardie in the late 1800s‚ a movement that grew noticeably
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Assignment 6.2 Employees as Internal Customers In recent years‚ m any employers and employees have been faced with a horrid economic downturn. Many employees have been laid-off‚ demoted and a slew of other horrible issues. Many employers let go of average employees and retained the high-performers. What seems to be the norm nowadays is to pinch every penny and never give more than what is necessary. This leads to employers devaluing their employees and making high performers feel inadequate and
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