Entrepreneurship

Top 7 Theories of Wages in detail with its assumptions and criticisms

Posted on

In this article we will discuss about Top 7 Theories of Wages in detail with its assumptions and criticisms.The most important theories of wages are: 1. Subsistence Theory 2. Wage Fund Theory 3. Surplus Value Theory 4.Residual claimed Theory 5.Marginal productivity Theory 6.Bargaining Theory 7. Behavioural Theory.  1. Subsistence Theory :This theory was propounded by […]