The group that believes workers should own the means of production and equally divide their profits is typically associated with socialism or communism. These ideologies advocate for collective ownership and the redistribution of wealth to ensure that all workers benefit equally from their labor. In practice, this can manifest in various forms, including cooperative businesses and state ownership of industries.
cost of direct labor is the total cost of workers involve in production divided by normal capacity is per unit direct labor cost.
True. After industrialization, workers' tasks shifted from skilled artisanal work to more repetitive, specialized tasks in factories. This shift often led to a loss of individual craftsmanship and increased reliance on machinery, as production processes became more standardized and efficient. Consequently, many workers found themselves engaged in monotonous labor rather than diverse, creative tasks.
An example of a "race to the bottom" can be seen in the global garment industry, where companies relocate production to countries with the lowest labor costs to maximize profits. This often results in poor working conditions, low wages, and minimal environmental regulations in those countries, as governments may compete to attract foreign investment by undercutting labor standards. Consequently, workers are exploited, and there is a lack of accountability for unethical practices. This dynamic ultimately undermines labor rights and can lead to detrimental societal impacts.
According to Wikipedia, a possibilist is one who believes in possibilism. Possibilism in geography is a theory of cultural geography, in philosophy is a theory which holds that possible worlds other than our own exist, in politics was a faction of the Federation of the Socialist Workers of France and is a somewhat derogatory term for reformist socialism and social democracy.
The word workers has two syllables.
steam-powered machinery
In Socialism, the State or Central Government decides all in regards to business and production. Under a system of social ownership, means of production including the amount workers are paid, who they sell to and any other business decisions are the responsibility to the government.
Karl Marx, wrote about this in Das Kapital and other writings such as the Communist Manifesto.
economic profits in a industry suggest the industry
The conflict perspective would be most likely to suggest that multinational corporations exploit local workers to maximize profits. This perspective views society as being marked by inequality and believes that powerful groups will take advantage of less powerful ones to maintain dominance and control resources.
A downsizing strategy refers to reducing the general production of a business. This will have negative effects on businesses profits are also reduced and workers also lose their jobs.
This technology led to greater profits and a demand for more workers.
Production workers accounting for 29,723 positions in that figure. The average hourly wage for production workers in the industry was $12.32.
I rather doubt it. See, Hitler's NAZI (National Socialist) party were fascists, directly opposed to the communist movement. Giving workers a share in the means of production would have been a communist position, and so likely opposed by the Nazis.
true
Pollution caused an increase in health risks for workers.
why are factory managres paid more than production line workers