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
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
wage-fund theory — noun or wages fund theory : a theory in economics: there is at any one time a rigid capital fund available for wage payments, and increases in wage rates to any groups will only redistribute wage payments, not increase the aggregate of wages paid … Useful english dictionary
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. See… … The Collaborative International Dictionary of English
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
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
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
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
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
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