Theology Vocab 1/22/25
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8 Terms
Economic Globalization
An interdependence of nations around the globe fostered through free trade.
Economic Initiative
The right to be self-employed, to start a business, and to expand one’s business.
Living Wage
A wage that enables workers to support a decent life for themselves and their families.
Objective Aspect of Work
What the worker produces as a result of their work.
Subjective Aspect of Work
What the worker experiences in the action of working.
Work
Any sustained effort expended for a purpose that makes a difference in the world.
Wage theft
The denial of wages or employee benefits rightfully owed to employees, which can occur in various ways.
Indirect Employer
Any policy-making institution that helps regulate what employers may or may not do.