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social wage

Line breaks: so¦cial wage

Definition of social wage in English:

noun

The amenities provided within a society from public funds.
Example sentences
  • By raising wages and by providing a social wage (including Social Security), unions and the New Deal would increase consumer demand and help solve the cause of the Depression.
  • It will be necessary to ensure that Governments cannot deplete expenditures on the social wage in order to fund such compensating tax arrangements.
  • Over the past 20 years the value of the social wage has gone up by nearly 50% in real terms.

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