Answer:
Islamic law states all people of faith should be treated equally.
Explanation:
Islam declares a complete equality among all mankind, regardless of one’s faith, skin color, language, gender or ethnic background.
Islamic people believe the whole universe is dominion of almighty Allah and all the people are his creatures. Everyone is born equal and will die equal. He will judge every person on the basis of merits and deeds.
In the Quran, Chapter 49, Verse 13, it reads, “O mankind we have created you from one male and female and made you into nations and the tribes that you may know one another. Surely the most honorable among you with Allah is the one who is the most righteous. Verily Allah is all-knowing all aware.”
Similarities :
(1) The source of both the religion is vedic religion and both and indebted to Upanishads
(2) Both Gautam Buddha and Mahavir belonged to princely families and not to priestly families.
Dis-similarities :
(1) Difference regarding conception Moksha :
According to Buddhism, a man attains Moksha when he ends all the desires and can attain it while living in the world. But according, to Jainism Moksha is freedom from miseries and can be attained only after death.
(2) Means of attainment of Moksha:
According to Buddhist Sangha is proper for attainment of Moksha and they hate self-mortifications and severe penances. Jainism believes in fasts and severest penances.
Efficiency wages may cause a <u>surplus</u> of labor because they are <u>above</u> the equilibrium wage.
The efficiency wage is higher than the equilibrium wage, which might result in a labor supply.
Since the efficiency wage in question is higher than equilibrium wages, there will be a labor surplus since more individuals will be eager to work as a result of the wage rise. Due to the fact that supply is more than demand, this will result in a rise in supply and an excess of labor.
There is a labor surplus in the sense that a sizeable segment of the work force produces less than it consumes and its marginal product is below the wage agreed upon via negotiation.
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Answer:
The problem with economic globalization is that the economic benefits are not shared equally. Officers and shareholders of international corporations are in a position to get richer, while the poor get poorer. The plight of the poor might be lessened by welfare, but the bigger problem is the resulting insane wealth of international capitalists, which gives them more political power by financing politicians and buying media outlets to influence voters.
In sociology, Marx's theories are used to study society through economic systems. ... Conflict theory has been used to examine several aspects of society that are built upon class conflict, which Marx argued were designed to protect the wealthy, not society as a whole.