1. Financing a business
2. Distributing the benefits of Owning a business
3. Controlling a business
4. How businesses are are taxed
5. Risk
6. Ownership
The English Civil War had a great effect on the development of the military and the economy. During the army, Cornwell established an advanced army, strengthening the English military.
A couple was voting, serving on a jury (greek)
having elected representatives rule on behalf of the citizens, had their own constitution (roman)
Arguments in favour of a minimum wage mostly hang on the idea that firms have a responsibility to ensure that their workers earn enough to live on. If a firm can’t pay its workers enough to live on, then it isn’t a viable business, because it is dependent on wage subsidies. Of course “enough to live on” depends where you live: the cost of living in London is considerably higher than it is in, say, Newcastle, so a minimum wage that would give a reasonable standard of living in Newcastle is starvation level in London. The campaign for a voluntary Living Wage tries to persuade firms to pay above the current UK minimum wage, which is perceived as being below the real cost of living.
January 1, 1863 – March 31, 1877
