What is Standard Hours? | Meaning & Definition | Akrivia HCM

Standard hours (i.e., the number of hours of paid work everyone in the country should be expected to do from age 16-65) are a reasonable idea that would be desirable for three key reasons:
It would end the problem of unemployment and its associated social costs permanently.
It would increase total output.
It would redistribute income in a more equitable form.

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