Contrast the views of Malthus with that of Marx on population growth and demand for labor. Hint: Refer to the notion of the reserve army of labor.
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Contrast the views of Malthus with that of Marx on population growth and
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- From 1700 to 1800 there was massive under-population and shortage of workers in America. Why was this? Group of answer choices Colonial population grew very slowly. Native Americans killed many of the settlers. There was so much land available for the colonies. There was no immigration to the colonies.Compare at least two different worker responses to the rise of industrial capitalism.Explain the theories of Karl marx in industrial relations shortly.
- Hello there, can you please assist with the following Select one correct answer for each of the following Q1.Which of the following will NOT shift the market supply of labour curve? (a) A change in the wages of the labourers.(b) A change in migration.(c) A change in the size of the population due to a change in birth or deathrates.(d) Trade union action. Q.2.An upward-sloping labour supply curve illustrates that ceteris paribus; (a) the quantity of labour supplied and the hours of work per week aredirectly related.(b) the quantity of labour supplied and the price of labour used to produceoutput are inversely related.(c) individuals use higher income to buy back leisure time.(d) a greater quantity of labour would be supplied at higher wage rates. Q.3.Which of the following statements about a monopoly is true? (a) The monopolist has a flat demand curve because of high barriers to entry.(b) For a monopolistic firm, profit will be maximised where price = marginalrevenue.(c) In the long…In which of the following industries is wage determination most plausibly explained by the model of perfect competition? The model of pure monopoly? The model of bilateral monopoly? Odd-job repairs in private homes Manufacture of low-priced clothing for children Auto manufacturingDiscuss the situational factors that suggest the need for specialization and centralization. Provide a specific example of each factor discussed.
- Which of the following is likely to increase the supply of labour? a decrease in fringe benefits a relaxation of restrictions on immigration an increase in the value placed on leisure a decrease in the populationRefer to the figure. Which of the following would represent the wage and number of workers of unionized jobs? Group of answer choices W2; N1 W1; N1 W2; N2 W1; N2 Which of the following will occur if there is discrimination by customers? Group of answer choices It would be cheaper to all workers. Economic growth will rise. There will be wage equality based on gender. Some customers will not want to do business with firms that hire certain workers. Please answer two questionsThe open shop movement criticized closed shop arrangements because they took away employee rights to freely determine where they wanted to work, and on what terms. False True
- According to the traditional theory of wages, wages are mainly determined by Group of answer choices the Fair Labor Standards Act supply and demand labor-management negotiations regional differencesCreate a strong argument to the following prompt. Explain how the labor theory of value developed and changed from Smith, Ricardo, and Marx. Begin by establishing the significance of the labor theory and explain for each thinker individually.how can immigration affect economic growth in the home country, both in the short and long run. What do you think the term "brain drain" might mean in this context?