LABOUR ECONOMICS Q2.Define “Labour Economics”. Explain the nature and scopeof Labour Economics. Explain the characteristics of Labour? Ans: -Labour Economics:- “Labour Economics may be defined as a study of theorganization‚ institutions and behavior of the labour market in anindustrising or industrial economy”. According to Dole Yoder:- “Labour economics or manpower economics is primarilyconcerned with efficient utilization and conservation of manpower and resources. It studies and seeks to understand
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Abstract The primary objective of this essay is to investigate what has caused child labour to become a glaring issue in our society until the present day and look at possible solutions. A lot has been done but little achieved in this ongoing fight. Many international organisations such as ILO and UNICEF are deeply concerned by rising child labour in Afghanistan‚ Pakistan and India to name but a few. Children work for many reasons‚ the most important being poverty and the pressure suffered
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to open my thoughts in this speech on child labour. Could you imagine living in the west as a child and being chained to a loom to weave a carpet in a poorly lit and dirty building? Being deprived of your education and childhood all for just a few pennies a day? Child labour is a familiar topic‚ yet you might be wondering what it means. Child labour is simply the employment of children as wage earners. Children of any age can be a victim of child labour and it is a huge problem in third world countries
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Global Variables This writing assignment will focus on global variables. A global variable is a variable every module in a program can see‚ meaning that the entire program is its scope (Gaddis‚ 2010). There are both advantages and disadvantages to using global variables and it is my intention to explore some of them here‚ starting with the disadvantages. There seems to be a lot to be said about the disadvantages of using global variables. First and foremost the scope itself can be a disadvantage
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Child labour in India Child labour in India is the practice where children engage in economic activity‚ on part or full-time basis. The practice deprives children of their childhood‚ and is harmful to their physical and mental development. Poverty‚ lack of good schools and growth of informal economy are considered as the important causes of child labour in India. The 2001 national census of India estimated the total number of child labour‚ aged 5–14‚ to be at 12.6 million.Child labor problem is
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Child labour is one of the issues of most manufacturing company where two sides are to be considered for the manufacturing company will have to consider saving on the cost of production by getting cheap labour and giving cheap labour cost to the people labour and debate on the Rawls’ theory of justice‚ or to follow the ethical theory of Kantian that is not to use child labour for its against human rights to not respect the children rights. In Rawls’ theory of justice towards child labour is that
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Social conditions pertain to poor housing and living conditions‚ and low or sub-standard education. ( Mc Cafferty‚ 2003). The poor housing conditions includes the notion of slums and squatters‚ which are deteriorated houses‚ which lack basic services and have poor living conditions of which the organized criminal groups target people to recruit them into their operations in promise of a better house‚ and better living standards‚ of which the people will not decline and this helps organized crime
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crisis. Hence‚ this papers generally aims to propagate awerness about child labor particularly‚ the current situation her in 6the Philippines. It has three major objectives. First‚ it intense to present current facts and data about the child labor condition in the Philippines. Second‚ it attempts to discuss significant points about the child labor issue. And finally‚ it aims to waken concern individuals and bring fort a worth while realization‚ concern‚ and utmost action and this matter. A. What
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Child Labour Child labour is called as work done by those small children who are yet under-aged as per by law. By ‘Work Done’‚ we mean that work which is done by the under-aged children in factories or showrooms or any other place to earn money to sustain their livelihood or of their families. CHILD is a word that is used for very young persons; an age to study‚ play‚ enjoy and have very big dreams in small eyes. But does all children enjoy in this small age? Do you really think that all the
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ABSORPTION AND VARIABLE COSTING Learning Objectives 1. Explain the accounting treatment of fixed manufacturing overhead under absorption and variable costing. 2. Prepare an income statement under absorption costing. 3. Prepare an income statement under variable costing. 4. Reconcile reported income under absorption and variable costing. 5. Explain the implications of absorption and variable costing for cost-volume-profit analysis. 6. Evaluate absorption and variable costing.
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