Match each act to the benifit it provodes
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The Fair Labor Standards Act provides minimum wage and overtime pay, the Employee Retirement Income Security Act provides health benefit plans, and the Occupational Safety and Health Act provides job site inspections.
The Fair Labor Standards Act (FLSA) provides the benefit of minimum wage and overtime pay for employees. The Employee Retirement Income Security Act (ERISA) provides health benefit plans for employees. The Occupational Safety and Health Act (OSHA) provides the benefit of job site inspections to ensure workplace safety.
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These are 3 very important Acts to know for an Economics course.
ERISA: The Employee Retirement Income Security Act (1974) provides benefits that include health benefits and pensions. Pensions are payments that people can receive after they retire.
FLSA: The Fair Labor Standards Act (1938) provides benefits that include minimum wage and overtime pay. This was also an important act when it was implemented because many factories were employing young children to work long hours with very little pay. This act made it illegal to hire young children for full time positions.
OSHA: The Occupational Safety and Health Act (1970) provides benefits that include job site inspections to help reduce dangerous work conditions and ensure safe working conditions.
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Answer:
i think its true
Explanation:
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Answer:
D) Japan will place its own limits on trade with the European union.
Explanation:
The trade restrictions that set limit on the quantity of the good that can be imported into a country in a given period of time is called import quota. It benefits the producer of goods in that country and it affects the stiff competition offered by the foreign countries and protects the domestic industries. Tariffs are also used as a tool to protect domestic industries.
In this case since EU is imposing a limit on the import of Japanese automobiles, Japan would also place its limits on trade with European union as it will protect the domestically produced goods and also to manage the trade imbalance.
Sessions
Committees
Whips
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Answer:
A. Caucuses
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The guilds affected the way people in the medieval city made a living by organizing citizens who had the same professions in order to regularize work activities, avoid competition, maintain product quality, and make work more efficient and productive.
Explanation:
Associations made up of professional and independent artisans, under equal conditions, emerged in the late Middle Ages (12th to 15th centuries) to protect their interests and maintain the privileges they had earned. Other guilds, without economic relevance, had religious, beneficent or leisure character.
There were guilds of tailors, cobblers, blacksmiths, artisans, traders, plastic artists among other professionals. The guilds had as their main objective the defense of the economic and professional interests of the workers who were part of them.
In order to keep these mutual associations functioning, the associated workers were obliged to pay a certain amount.
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Answer:
Scarcity is the basis of all economic decision because it will not go away. No matter what there will always be scarcity. It is impossible for the government to provide everything for their people. There are costs for every economic choice the government makes. There is a limit on what we need to produce product whether it is time, money or effort. The government decides the budget of something to be produce. They decide how to make things a certain way. And they choose the how the resources are beneficial to the environment. Scarcity will always be here so we have to learn to make decisions with it.
Explanation:
Answer:Scarcity refers to the basic economic problem, the gap between limited – that is, scarce – resources and theoretically limitless wants. This situation requires people to make decisions about how to allocate resources efficiently, in order to satisfy basic needs and as many additional wants as possible
Explanation:
Scarcity, or limited resources, is one of the most basic economic problems we face. We run into scarcity bec.ause while resources are limited, we are a society with unlimited wants. ... Society would produce, distribute, and consume an infinite amount of everything to satisfy the unlimited wants and needs of humans.
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