debt peonage (apex)
Debt peonage
Debt peonage
Debt peonage
Debt peonage
Debt peonage
The term that refers to the condition of workers who could never afford to pay what they owed to a company store is "debt peonage" or "debt bondage." This situation often arises in company towns where workers are paid in scrip or credits that can only be spent at the company store, trapping them in a cycle of debt and dependence. As a result, workers find it nearly impossible to escape their financial obligations and improve their circumstances.
they could afford the most modern machinery.
he paid his workers well so they could afford cars
Because workers' wages increased, prices for manufactured goods decreased, and because of the new method of the assembly line, Europeans could afford to buy more consumer products.
To build cars cheaply enough so that his factory workers could afford themTo sell the most products to the most number of people possibleTo build goods so cheaply that everyone could afford them
To build cars cheaply enough so that his factory workers could afford themTo sell the most products to the most number of people possibleTo build goods so cheaply that everyone could afford them
To build cars cheaply enough so that his factory workers could afford themTo sell the most products to the most number of people possibleTo build goods so cheaply that everyone could afford them