Work & Economy Work Modern economies Work Expenditure of mental and physical effort to produce goods and services to meet needs Occupation Job: work done in exchange for a wage or salary Not all work is a job.
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Expenditure of mental and physical effort to produce goods and services to meet needs
Job: work done in exchange for a wage or salary
Specialization of work into separate occupations
C` = $100
What does protestant “asceticism” have to do with the development of capitalism?
(Barnet and Cavanagh, 1994)