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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.

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3mo ago

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How do you find the cost of direct labor?

cost of direct labor is the total cost of workers involve in production divided by normal capacity is per unit direct labor cost.


True or False after industrialization workers' tasks changed.?

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.


What is an example of race to the bottom?

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.


What does possibilist mean?

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.


How many syllables in the word workers?

The word workers has two syllables.

Related Questions

What increased production and led to greater profits and a demand for more workers?

steam-powered machinery


Who decides how much to pay workers and how to use profits in socialism?

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.


Who believed that workers should own the means of production and equal l divide to profits?

Karl Marx, wrote about this in Das Kapital and other writings such as the Communist Manifesto.


Economic profits in an industry suggest the industry?

economic profits in a industry suggest the industry


Which sociological perspective would be most likely to suggest that multinational corporations exploit local workers to maximize profits?

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.


What is downsizing strategy and its effects on businesses?

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.


During the 1700s the textile industry became one of the first to use steam-powered machinery. This technological innovation increased production and led to?

This technology led to greater profits and a demand for more workers.


How many production workers were there in the public building and related furniture industry in 2000?

Production workers accounting for 29,723 positions in that figure. The average hourly wage for production workers in the industry was $12.32.


Did Hitler believe that workers should share company profits?

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.


The cycle in which money changed hands resulted in profits for businesses and salaries for workers.?

true


Industrialization was criticized for the damage it did to the environment. How did this pollution relate to the treatment of workers?

Pollution caused an increase in health risks for workers.


Why factory managers are paid more than production workers?

why are factory managres paid more than production line workers