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What is a typical output of countries that have just begun to industrialize?
Minimum Wage
The lowest wage permitted by law or by a special agreement (such as one with a labor union).
Overtime Pay
Additional compensation paid to employees who work beyond the standard hours designated in their employment contract.
IRS Form 940
A form used by employers in the United States to report their annual Federal Unemployment Tax Act (FUTA) tax.
Federal Unemployment Tax
A tax imposed on employers to fund state workforce agencies. Employers pay this tax to finance the unemployment compensation to workers who have lost their jobs.
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