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The first stage of psychosocial development is trust vs. mistrust.
Productivity
The efficiency with which an individual, organization, or economy can convert inputs into useful outputs.
Henry L. Gantt
An American mechanical engineer and management consultant famed for developing the Gantt chart, a graphical scheduling tool for project management.
Differential Piece-rate Plan
A compensation system where workers are paid based on the quantity of items produced, with rates varying according to achieved efficiency thresholds.
Minimum Wage
The lowest legal hourly pay for workers, set by government regulation.
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