‘Reserve Army of labour’ term was used by who among the following economists ?
Marx used industrial reserve army for surplus unemployed labour disciplining wages. Schumpeter,Hicks,Malthus are not the standard attribution.
Choose your answer
‘Reserve Army of labour’ term was used by who among the following economists ?
Answer and explanation
Correct answer C
Marx used industrial reserve army for surplus unemployed labour disciplining wages. Schumpeter,Hicks,Malthus are not the standard attribution.
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UGC NET Economics