wage fund — wage fund, wages fund or wages fund theory noun The former theory that there is at any given time in a country a determinate amount of capital available for the payment of labour, therefore the average wage depends on the proportion of this fund… … Useful english dictionary
wages-fund theory — noun see wage fund theory * * * wage fund, wages fund or wages fund theory noun The former theory that there is at any given time in a country a determinate amount of capital available for the payment of labour, therefore the average wage depends … Useful english dictionary
Wage-fund doctrine — The Wage Fund Doctrine is an expression that comes from early economic theory that seeks to show that the amount of money a worker earns in wages, paid to them from a fixed amount of funds available to employers each year (capital), is determined … Wikipedia
wage theory — ▪ economics portion of economic theory that attempts to explain the determination of the payment of labour. A brief treatment of wage theory follows. For full treatment, see wage and salary. The subsistence theory of wages,… … Universalium
wage and salary — ▪ economics Introduction income derived from human labour. Technically, wages and salaries cover all compensation made to employees for either physical or mental work, but they do not represent the income of the self employed. Labour costs… … Universalium
subsistence theory — noun : a theory in economics: wages tend toward the lowest level that will provide subsistence compare iron law of wages, wage fund theory … Useful english dictionary
wages fund — wage fund, wages fund or wages fund theory noun The former theory that there is at any given time in a country a determinate amount of capital available for the payment of labour, therefore the average wage depends on the proportion of this fund… … Useful english dictionary
Classical theory of growth and stagnation — Classical economics refers to work done by a group of economists in the eighteenth and nineteenth centuries. The theories developed mainly focused on the way market economies functioned. Classical Economics study mainly concentrates on the… … Wikipedia
Mutualism (economic theory) — This article is about the economic theory. For the biological term and other uses, see Mutualism (disambiguation). Part of the Politics series on Anarchism … Wikipedia
Wages fund — Wages Wa ges (w[=a] j[e^]z), n. plural in termination, but singular in signification. [Plural of wage; cf. F. gages, pl., wages, hire. See {Wage}, n.] 1. A compensation given to a hired person for services; price paid for labor; recompense; hire … The Collaborative International Dictionary of English