there was a wage gap between men and women‚ when really it is the choices people make‚ not favoritism over gender. Many articles are saying that the wage gap is a “myth”‚ when it is just the people making career choices‚ choosing career environment‚ and willingness for work a little bit more. Men and women have been paid equally for many years‚ it is just when the people choose their jobs they look for something that interest them‚ and they do not think of the stress‚ overtime‚ etc. The wage gap between
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Market failures have negative effects on the economy because the best allocation of resources is not attained. In other words‚ the social costs of producing the good or service (all of the opportunity costs of the input resources used in its creation) are not minimized‚ and this results in a waste of some resources. Take‚ for example‚ the common argument against minimum wage laws. Minimum wage laws set wages above the going market-clearing wage in an attempt to raise market wages. People worry
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CHILD LABOUR What is child labor? Children working under age of 5-14‚ are known as child laborers. This social evil is continuously going on strengthening its roots in our society. Can we eliminate child labor? Though it is a desirable goal the fact remains that in the given socio-economic scenario that is prevalent in our country‚ it is virtually impossible to do away with child labor. One cannot dispute the fact that employers exploit children by paying them much less than what they would pay
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1. Introduction: What is Labour Migration? 2. Migration in India: Statistical Framework and Regional Disparities 2.1 Inter – state migration flows 1991-2002 2.2 Inter-state migration: socio-economic determinants 3. Who Migrates? 3.1 Female Migration 3.2 Segmentation of labour markets by ethnic group 3.3 Age Profile of Migrants 3.4 Do the poorest migrate? 4. Causes of Migration 4.1 Push Factors 4.2 Pull Factors 4.3 The Urban Informal Sector
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Free will Vs Determination Do you make your own choices or your destiny has been decided for you by circumstances behind your control? For thousands of years‚ this question has puzzled philosophers‚ scientist and anyone who thinks about how they choose to act and live. Part of the complexity of the matter is related to the metaphysical nature of the subject which has a close affinity with the concept of GOD. Some people think that "Everything" that happens in nature and life
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Minimum Wage - The Dubious Policy Minimum Wage The Questionable Policy As early as 4:00 am in the dark and cold morning of winter‚ a few people walking on an wet sidewalk. Under chilling wind‚ those people walk to a large‚ old building. Inside the building‚ the people work for repetitive‚ backbreaking low waged jobs. In the same day‚ late at night‚ you can see similar scene: some people walking out of the building under heavy humidity. I’m not one of those people‚ I don’t know the feeling
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The concept of minimum wage is to ensure that employers do not pay wages below the mandated level. However this does not always happen instead this policy ends up hurting these workers and the economy in terms of lower job opportunities. This is because the increase of labor costs keeping all other things constant would eat into the net profits of the company. Therefore in order to offset the decrease in profits‚ the need for low skilled labor decreases and companies look for higher productivity
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GLOBAL DIVISION OF LABOUR Aim The aim of the following essay is to define and explain the subject of Global Division of Labour. This definition will be analysed to assess the positive and negative impacts of global division of labour on various parties involved in the process‚ across different continents and economies. A practical example of a furniture manufacturing business in Italy will be discussed. The unique African situation will be raised as well. The analysis and discussion of the
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selecting suitable talents; (iv) Controlling‚ motivating and integrating the personnel employed; (v) Managing trade unionism‚ industrial relations wages‚ welfare activities; and (vi) Foster a climate of productivity‚ team work and healthy labour management relations for the accomplishment of organizational objectives. ‘Labour Welfare‚’ any thing done for intellectual‚ physical‚ moral and economic betterment of the workers‚ whether by employers‚ by government or by other
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Child Labour Defination Wordsworth has said: “The child is father or the man.” Children are our future. Now when they are so important‚ we must realize what are doing for them. Have we succeeded in providing them the basic necessities of life such as education and health care? Although the government NGOs and other organizations are busy in solving the problem of child labour yet nothing seems to have come out of their work. Poverty is the main case of this failure. The poor parents are
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