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Busy work (also known as make-work and busywork) is an activity that is undertaken to pass time and stay busy but in and of itself has little or no actual value. Busy work occurs in business, military and other settings, in situations where people may be required to be present but may lack the opportunities, skills or need to do something more ...
Work or labor (labour in British English) is the intentional activity people perform to support the needs and desires of themselves, other people, or organizations. [1] In the context of economics, work can be viewed as the human activity that contributes (along with other factors of production) towards the goods and services within an economy. [2]
The first-referenced meaning of the law – "Work expands to fill the available time" – has sprouted several corollaries, the best known being the Stock-Sanford corollary to Parkinson's law: If you wait until the last minute, it only takes a minute to do.
Business cycles are a type of fluctuation found in the aggregate economic activity of nations that organize their work mainly in business enterprises: a cycle consists of expansions occurring at about the same time in many economic activities, followed by similarly general recessions, contractions, and revivals which merge into the expansion ...
Labour economics looks at the suppliers of labour services (workers), the demands of labour services (employers), and attempts to understand the resulting pattern of wages, employment, and income. In economics, labour is a measure of the work done by human beings.
Work and family studies historically focus on studying the conflict between different roles that individuals have in their society, specifically their roles at work, and their roles as a family member. [6] Work–family conflict is defined as interrole conflict where the participation in one role interfere with the participation in another ...
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Though their theory had been proposed by the Keynesian economist Abba Lerner several years before, [15] it was the work of Milton Friedman, leader of the monetarist school of economics, and Edmund Phelps that ended the popularity of this concept of full employment.