| A | B |
|---|
| labor force | includes all people who are at least 16 years old who are looking for work |
| wage | the hourly, weekly, monthly or yearly pay |
| intrinsic reward | are nonmonetary reasons for working at a particular job |
| derived demand | consumers' demand for a particular good creates a demand for the labor and other resources. |
| industrialization | the process of mechanizing all major forms of production |
| capital-intensive | dependent on machines to produce goods |
| labor-intensive | producing goods primarily through animal and human power |
| affirmative-action | making up for patterns of discrimination against women, and minorities |
| quotas | numerical goals for hiring and promoting women and minorities |
