How will an increase in the wages of the workers affect industrial pro

1.	How will an increase in the wages of the workers affect industrial production?
Answer» 1. The workers cannot work with complete skills if they are not paid properly. 2. They cannot satisfy their basic needs with meagre wages. 3. If their pay is increased they can work for more time with enthusiasm. 4. It results in an increase in production. 5. Then the capitalists won’t mind the increase in their expenditures. 6. Thus the increase in wages leads to an increase in production.

How will an increase in the wages of the workers affect industrial production?

Answer»

1. The workers cannot work with complete skills if they are not paid properly.

2. They cannot satisfy their basic needs with meagre wages.

3. If their pay is increased they can work for more time with enthusiasm.

4. It results in an increase in production.

5. Then the capitalists won’t mind the increase in their expenditures.

6. Thus the increase in wages leads to an increase in production.