Examlex
Rousseau had a more optimistic view of the "state of nature" than Locke and Hobbes did.
Labor Supply
The total hours that workers are willing and able to work at a given wage rate in a specified time period.
Minimum Wage
The lowest legally permissible wage that employers can pay their employees.
Surplus Of Labor
A situation where the supply of labor exceeds the demand, often resulting in unemployment or downward pressure on wages.
Union Workers
Employees who are members of a labor union, which negotiates wages, working conditions, and other benefits on their behalf.
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