Apedia

Wages Iron Law Proposed Principle Economics Asserts Real

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