Before the early 1900s, the prevailing opinion regarding the employment relationship was that:   Individuals should only enter into an economic relationships if there were laws ensuring minimum standards of protection   The government should never interfere with the ability of an individual to freely enter into an economic relationship with another individual   Employers should be allowed to unilaterally set terms and conditions of employment   The government should monitor economic relationships to ensure they were fair to both parties

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ChapterST8: Earnings Differences Between Men And Women
Section: Chapter Questions
Problem 2CQ
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Before the early 1900s, the prevailing opinion regarding the employment relationship was that:

 

Individuals should only enter into an economic relationships if there were laws ensuring minimum standards of protection

 

The government should never interfere with the ability of an individual to freely enter into an economic relationship with another individual

 

Employers should be allowed to unilaterally set terms and conditions of employment

 

The government should monitor economic relationships to ensure they were fair to both parties

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