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Abraham Lincoln thought the difference was only that wage labor was temporary and slavery was permanent.
What else can I help you with?
Why was minimum wage created?
no slave labor
What are the two variances between the actual cost and the standard cost for direct labor?
The two variances between the actual cost and the standard cost for direct labor are the labor rate variance and the labor efficiency variance. The labor rate variance measures the difference between the actual hourly wage paid and the standard wage expected, multiplied by the actual hours worked. The labor efficiency variance assesses the difference between the actual hours worked and the standard hours allowed for the actual production, valued at the standard hourly rate. These variances help businesses analyze their labor costs and operational efficiency.
Explain the difference between salary and wage and give example to illustrate who earns salary and who earns wage?
What is the difference between a salary and commission
What is the difference between 'real wage' and 'nominal wage'?
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When was Slave to the Wage created?
Slave to the Wage was created on 2000-09-25.
How do you distinguish between money wage and real wage?
Real Wage = Money Wage / Price Index Real wage measures purchasing power, that is what an hour's labor can buy.
How did the end of the slave trade affect the labor force and in the US?
The end of the slave trade in the early 19th century significantly altered the U.S. labor force by reducing the influx of enslaved individuals, which ultimately led to a reliance on domestic slave labor in the South. This created a heightened demand for enslaved people, resulting in increased prices and an internal slave trade. In the North, the decline of slavery spurred the growth of wage labor and industrialization, leading to a more diverse labor market. Overall, the end of the slave trade contributed to the economic and social divisions between the North and South, setting the stage for future conflicts.
When relationship between the wage and the quantity of labor that all firms are willing to employ is called?
the individual labor supply
Compare and contrast the north and the south during the antebellum?
The South's economy was based upon agriculture and slave labor, while the North's economy was based upon industrialization and wage labor.
What is a wage slave?
A wage slave is a person who feels compelled to work in return for wages in order to survive.
How did the economy of the south during the antebellum era compaer to that of the north?
The South's economy was based upon agriculture and slave labor, while the North's economy was based upon industrialization and wage labor.
What is the wage gap?
the wage gap is the difference of pay between men and women (men get paid more)
