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Labour economics seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied by labourers, usually in exchange for a wage paid by demanding firms.
Falangist propaganda from the Spanish Civil War, reading "By force of arms/Fatherland, Bread and Justice".. The economy of Spain between 1939 and 1959, usually called the Autarchy (Spanish: Autarquía), the First Francoism (Spanish: Primer Franquismo) or simply the post-war (Spanish: Posguerra) was a period of the economic history of Spain marked by international isolation and the attempted ...
Principles of Economics [1] is a leading political economy or economics textbook of Alfred Marshall (1842–1924), first published in 1890. [2] [3] It was the standard text for generations of economics students.
Following the unification of the city-states in Assyria and Sumer by Sargon of Akkad into a single empire ruled from his home city circa 2334 BC, common Mesopotamian standards for length, area, volume, weight, and time used by artisan guilds in each city was promulgated by Naram-Sin of Akkad (c. 2254–2218 BC), Sargon's grandson, including for shekels. [1]
The right to work is the concept that people have a human right to work, or to engage in productive employment, and should not be prevented from doing so.The right to work, enshrined in the United Nations 1948 Universal Declaration of Human Rights, is recognized in international human-rights law through its inclusion in the 1966 International Covenant on Economic, Social and Cultural Rights ...
Menger advanced his theory that the marginal utility of goods, rather than labor inputs, is the source of their value. This marginalist theory solved the diamond-water paradox that had been puzzling classical economists: the fact that mankind finds diamonds to be far more valuable than water although water is far more important.
Principles of Political Economy (1848) by John Stuart Mill was one of the most important economics or political economy textbooks of the mid-nineteenth century. [1] It was revised until its seventh edition in 1871, [2] shortly before Mill's death in 1873, and republished in numerous other editions. [3]
The Universidad de San Carlos de Guatemala (USAC, University of San Carlos of Guatemala) is the largest and oldest university of Guatemala; it is also the fourth founded in the Americas. Established in the Kingdom of Guatemala during the Spanish colony, it was the only university in Guatemala until 1954, [ a ] although it continues to hold ...