Chapter 4

NCERT
Class 10
Economics
Solutions
3. How would flexibility in labour laws help companies?

Question:

How would flexibility in labour laws help companies?

Answer:

Flexibility in labor laws helps companies in the following ways :

(i) The owner of the company hires laborers or workers temporarily, so that he is not required to pay the workers for the whole year.

(ii) Flexibility in labor laws reduces the cost for the employer as he has to pay less to the workers.

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