Name an organisation looking after labour problems
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Answer:
The labor problem" is the economics term widely used toward the turn of the twentieth century with various applications. It has been defined in many ways, such as "the problem of improving the conditions of employment of the wage-earning classes." It encompasses the difficulties faced by wage-earners and employers who began to cut wages for various reasons including increased technology, desire for lower costs or to stay in business. The wage-earning classes responded with strikes, by unionizing and by committing acts of outright violence. It was a nationwide problem that spanned nearly all industries and helped contribute to modern business conditions still seen today. Possible causes include the failure to account for the negative externality of reproduction in the face of finite natural resources which results in over-supply of labor and falling living standards for wage-laborers, depersonalization by machines and poor working conditions
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