Answer:
The answer is E- All answers are correct
Explanation:
Serfs in the middle ages were peasant farmers who provided manual labor in their master’s land who in return allowed them the right to cultivate certain fields within the manor in order to maintain themselves and were entitled to protection. As they worked a plot of land they were also required to work for the owner of the land (who was called the Lord of the Manor) It was a condition of debt bondage and indentured servitude. They were not allowed to leave the land they were bound to, if they did they would pay a fine. They were also required to pay an inheritance tax.
Some of their obligations included;
- Payment of taxes and fees in addition to their services.
- Payment of dues in form of labor in order to be able to use part of the Lord's field to generate their food and sustain themselves.
- Working the land a few days a week (at least three) and longer during special seasons like plantation and harvest.
Answer:
Minimum wage is a benefit for society.
Explanation:
Minimum wage is a labor policy imposed mostly during the <em>20th century</em> as a type of securing welfare and minimising exploitation. It increases the standard of living of workers, reduces inequality and poverty and boosts morale. It gives the bargaining power to the workers and increases the efficiency of the market. Many economists argue that the minimum wage has a positive impact on small businesses.
Minimum wage also increases aggregate demand by raising the purchasing power and increasing consumption and spending which then moves the economy forward.
However, some social democracies like Sweden, did not impose the minimum wage policy on the national level, but instead, salaries and benefits are negotiated between the labor union and employer organizations. The purpose of minimum wage is still a subject of debates and research, and there is a wide ranging opinion regarding its justifiability.
Answer:
Let's say that that Daniel has work on the same day his friends want to see a movie.If Daniel misses out on the movie the oppertunity cost will be missing out on the movie to go work.If Daniel skips work, the opportunity cost will be the wages lost from work.
Explanation:
The correct answer are 1 and 3, as International Affairs and Transportation received the least spending in the 2012 United States federal budget.
Social Security received $773 billion, National Defense received $678 billion, Income Security was allowed to spend until $541 billion, Transportation received $91 billion, and International Affairs received only $47 billion.
