Abraham Lincoln thought the difference was only that wage labor was temporary and slavery was permanent.
no slave 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.
What is the difference between a salary and commission
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Real Wage = Money Wage / Price Index Real wage measures purchasing power, that is what an hour's labor can buy.
Slave to the Wage was created on 2000-09-25.
the individual labor supply
The South's economy was based upon agriculture and slave labor, while the North's economy was based upon industrialization and wage labor.
A wage slave is a person who feels compelled to work in return for wages in order to survive.
The South's economy was based upon agriculture and slave labor, while the North's economy was based upon industrialization and wage labor.
the wage gap is the difference of pay between men and women (men get paid more)
the wage gap is the difference of pay between men and women (men get paid more)