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economy maintained high wages, attracting immigrants by the millions from all over the world. In the 1820s and 1830s, mass production shifted much of...

The economy of Portugal is ranked 34th in the World Economic Forum's Global Competitiveness Report for 2019. The great majority of the international trade...

The economy of the People's Republic of China is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year...

tend to result in higher wages. Productivity growth is not uniform across the economy, however. Some sectors experience high productivity growth, while...

The iron law of wages is a proposed law of economics that asserts that real wages always tend, in the long run, toward the minimum wage necessary to sustain...

14, but wages likely would have increased some anyway due to Seattle's overall economy. Meanwhile, although workers were earning more, fewer of them had...

economy of Cuba is a planned economy dominated by state-run enterprises. In the 1990s, the ruling Communist Party of Cuba encouraged the formation of...

The economy of Bangladesh is a major developing mixed economy. As the second-largest economy in South Asia, Bangladesh's economy is the 35th largest in...

introduced minimum wage legislation by the end of the 20th century. Because minimum wages increase the cost of labor, companies often try to avoid minimum...

The economy of India is a developing mixed economy with a notable public sector in strategic sectors. It is the world's fifth-largest economy by nominal...

The economy of Russia is a developing, high-income, industrialized, mixed market-oriented economy. It has the eleventh-largest economy in the world by...

The economy of Taiwan is a highly developed free-market economy. It is the 8th largest in Asia and 20th-largest in the world by purchasing power parity...

Truck wages are wages paid not in conventional money but instead in the form of payment in kind (i.e. commodities, including goods and/or services); credit...

The economy of Japan is a highly developed mixed economy, often referred to as an East Asian model. It is the fourth-largest economy in the world by nominal...

The economy of Israel is a highly developed free-market economy. The prosperity of Israel's advanced economy allows the country to have a sophisticated...

The economy of Canada is a highly developed mixed economy, with the world's tenth-largest economy as of 2023[update], and a nominal GDP of approximately...

The economy of North Korea is a centrally planned economy, following Juche, where the role of market allocation schemes is limited, although increased...

The economy of France is a highly developed social market economy with notable state participation in strategic sectors. It is the world's seventh-largest...

The economy of Bahrain is heavily dependent upon oil and gas. The Bahraini Dinar is the second-highest-valued currency unit in the world. Since the late...

The economy of Romania is a high-income mixed economy, with a high degree of complexity. It ranks 12th in the European Union by total nominal GDP and 7th...