labour-using technical progress
1Division of labour — is the specialisation of cooperative labour in specific, circumscribed tasks and like roles. Historically an increasingly complex division of labour is closely associated with the growth of total output and trade, the rise of capitalism, and of… …
2Child labour in India — Young boy stacking plates in Bangalore The problem of child labor exploitation is a major challenge to the progress of developing countries. Children that are very young work at the cost of their right to education which leaves them permanently… …
3Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …
4economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… …
5aerospace industry — Introduction assemblage of manufacturing concerns that deal with vehicular flight within and beyond the Earth s atmosphere. (The term aerospace is derived from the words aeronautics and spaceflight.) The aerospace industry is engaged in the …
6Surplus product — Part of a series on Marxism …
7Marxian economics — Part of a series on Marxism …
8Classical theory of growth and stagnation — Classical economics refers to work done by a group of economists in the eighteenth and nineteenth centuries. The theories developed mainly focused on the way market economies functioned. Classical Economics study mainly concentrates on the… …
9colonialism, Western — ▪ politics Introduction a political economic phenomenon whereby various European nations explored, conquered, settled, and exploited large areas of the world. The age of modern colonialism began about 1500, following the European… …
10Sri Lanka — Sri Lankan, adj., n. /sree lahng keuh, lang keuh, shree / an island republic in the Indian Ocean, S of India: a member of the Commonwealth of Nations. 18,762,075; 25,332 sq. mi. (65,610 sq. km). Cap.: Colombo. Formerly, Ceylon. Arabic, Serendip.… …
