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One strategy factory owners used to increase profits involved

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User JPCF
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5 votes
Paying employees less then their contract they signed to. Making them work multiple looms at one time i instead of one or two.
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Depending on the specific conditions and the time historical period, ways to increase profits may vary. In conditions of a not so arranged situation, mass labor supply is always the most effective way to reduce wages. If the labor supply is high, there are always people who will do everything for any salary. That is why the reduction of salaries with multitask jobs and long working hours, in such conditions, is an effective way to get the profit on the basis of the realized surplus labor, ie value.

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User FlyingSheep
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