Child labor mostly occurs in developing countries precisely the global south. Third world countries include nations found in Eastern Asia, most part of Africa and South America. The history of child labor engages both…
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At the macroeconomic level, the debate explains arguments such as the rural economy, capital and income inequality. While at the microeconomic level, the arguments include the question on necessity of child labor, wealth paradox and parent altruism. Two sections include a comparison of data from personal research and that from other researchers.
Looking at the history of child labor at a microeconomic level, child labor has a negative association with the aggregate income of the state. However, microeconomic child labor depends on the total income at the household level. An article representing research done by Sonia Bhalotra explains a number of arguments based on child labor at a microeconomic level. These arguments include:
The study intends to scrutinize the affiliation between household poverty and its impact on child labor. In this case, the situation forces a child to go out there and seek for employment. Furthermore, fewer wages force the child to work for longer hours. This counter s the economic theory, which states that less wages lead to less working hours. In order to capture the need for child labor, the researcher did an assessment on 2400 Pakistan households in which children worked to get money. The results of the study show that boys work when need arises for family survival. On the other hand, the girls had ambiguous results indicating that girls toiled even when the situation was not critical. The concept could be due to either favoring the boy child or associating girls’ education with low returns. From the observation, it is apparent that at times child labor is not necessary even in poor families (Bhalotra, 2000).
From past studies, most studies aim at establishing the correlation between household income and child labor. However, there is a clear distinction between wealth and income (Mankiw & Taylor, 2011). A family could earn a little money, but they own a large piece of land. Results from research
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Economic reforms together with the massive political changes that have occurred across the globe in the recent years have caused such countries as India, Pakistan, China and other Eastern countries to undergo an altogether change in terms of the involvement of their labor forces into the economies of open market.
The strong and solid foundations of the capitalist system that prevails in one of the largest economies of the world today has played a vital role in enrooting and stemming an abyss in the world order today. The masters or the so called National and Multinational Corporations in the world have alienated the workforce from their due rights.
Impacts of progressivitism touched all spheres of American society, which entirely transformed the government’s role towards its citizens. Progressive age formed a formidable base for the future landmark activism notably antiracism and women’s rights.
Freedom does not only refer to the liberty of moving around in the world without physical captivation, it also relates to the right to express true feelings and pursuing whichever direction they want in life. It becomes even more severe and dreadful when children are deprived of such freedom and made to work when they are rightfully supposed to develop their mental capabilities with academics.
In addition, labor strikes became notable in the period of Industrial Revolution. During this period, mass labor was significant in mines and factories. In a number of nations, strike actions were rapidly outlawed. This was because owners of factories held extra political influence than employees.
One reason for the economic crises that Canada confronted was mainly due to unnecessary dependency on its neighbors. Canada's economic and national security relationships with its southern neighbor grew too much closer in the mid twentieth century, as a succession of Canadian governments saw greater North American integration as essential for national security and economic growth.
Since America is so intensive it its quest to practice the Adam Smith’s depiction of Capitalism, the labor force correlates with the condition of the economy. Smith’s theory that propagated dependence of individualism that oozed
Labor law ensures that employees adhere to the requirements of their contracts. Labor law is not only a body of laws but also refers to various administrative rulings and earlier cases and agreements that dealt with the rights, freedoms, and restrictions on workers, workplaces, and employers.
This is especially for women who are now poor in America than the men. Like the Chinese and the Indians, the economy of America has increased substantially. This has happened because of the rapid financial development that has taken
According to the 2011 census carried out in the country, the population is approximately 1.37 billion with 711.82 residing in urban setting while the rest reside in the rural. The highest population fall within the age bracket of 15-64 contributing to 62%
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