Front | Iron Law of Wages |
---|---|
Back | proposed principle of economics that asserts that real wages always tend, in the long run, toward the minimum wage necessary to sustain the life of the worker. |
Learn with these flashcards. Click next, previous, or up to navigate to more flashcards for this subject.
Next card: Ruled mughal empire islamic imperial power large portion
Previous card: Plan schlieffen german general staff's early 20th century
Up to card list: AP World History Original Ultimate Set from Quizlet