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The farmer, for example, in a status to execute it amount of works, having replaced
Team of horses on a tractor. Bookkeepers can work with the big
Quantity of documents, applying the computer instead of the calculator. Precisely so
The secretary has time to prepare more letters on the computer, than on
Sometimes specific workplaces disappear in due course in general.
The modern technology has substantially abolished trades
Navvies. These changes, however, liberate manpower resources, which
Then are used for manufacture expansion in other branches
Economy, and, hence, serve as means for achievement more
High standard of life.
Interrelation comprehension between output and the income helps to understand,
Why a legislative establishment of the minimum wages,
Efforts of trade unions not in a status to raise the general wage level of workers.
Increase of the minimum rate of the salary leads to replacement from the part market
Will fall, reducing thereby cumulative manufacture. Though it,
Probably, also can help some other categories of workers,
Output per capita will decrease.
Trade unions, of course, in a status to limit a competition from outside workers,
In them not entering, having raised thereby a wage level for the members. But
Without corresponding increase in labour productivity it will not be possible to them
To raise the salary for all. If they were able to do it, average
The salary in Great Britain where trade unions are rather numerous and active,
Would be above, than in the United States. In practice, however, all on the contrary.
The salary in Great Britain where half of workers "consists in trade unions, on
To smaller measure, on 40 % more low, than in the United States, where membership in
Trade unions does not reach 20 %.
Without high efficiency of work cannot be and the high salary.
In the same way, without growth of manufacture of the goods and the services using
Growth of the real national income cannot be demand.
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