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How to pronounce “wage-fund doctrine

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Pronunciation guide for wage-fund doctrine

Learning goal
Practice the English pronunciation of wage-fund doctrine with real speech in context.
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Definition summary
(economics) The theory that there is at any given time in a country a determinate amount of capital available for the payment of labour, therefore the average wage depends on the proportion of this fund to the number of persons who have to share in it.

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A Deep Dive Into “wage-fund doctrine

Meaning

  • [Noun]
  • (economics) The theory that there is at any given time in a country a determinate amount of capital available for the payment of labour, therefore the average wage depends on the proportion of this fund to the number of persons who have to share in it.

Practice Nearby Words

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