Unit 4
The Limit On Economic Freedom
In all communities , of course, limits are set upon this personal freedom.
In some countries the limits are complex; in others they are relatively simple.
All individual are required to conform to the laws made by governments
Complete economic freedom of action can cause great difficulties, because the freedoms of various
individuals will conflict.
If citizens were completely free, some landowners might build factories in unsuitable place.
If there was no system of control, factory-owners might take their employees ork too long each day.
If they were completely free, workers might stop working when they got their first pay, and come back to do more work only when they need more money.
Such economic freedom could create a very unstable economy.
Laws related to economic conditions are sometimes concerned with workers' health, wages and pensions.
They are sometimes concerned with contracts between employers and employees.
They are sometimes concerned with the location of places of work.
Sometimes they help the employers; sometimes they protect the interest of the workers.
EXERCISES
Answer these questions, basing your answers on the text.
a. Under what conditions is a person economically free?
b. What is the opposite of 'simple'?
c. What are all citizens required to do?
d. Why does complete economic freedom of action cause great difficulties?
e. What three things might happen if citizens were completely free?
f. What kind of economic might complete economic freedom create?
g. What three workers needs are sometimes the concern of the law?
h. Between whom are contracts arranged?
i. What else might the laws relate to, besides workers needs and work contracts?
j. What other important point should we note about laws related to economic conditions?
ANSWER
a. A person is economical free, if he can do what he wishes withe his owen property, time and energy. (in line 1)
b.The opposite of 'simple' is 'complex'.
c. All citizens are required to conform to the laws made by their goverments. (in line 5)
d. It causes great difficulties because the freedoms of various individuals will conflict. ( in line 10)
e. If they were completely free, some factory-owners might make their employees work too long each day, and workers might stop working when they got their first pay. (in line 10-15)
f. It might create a very unstable economy. (in line 15)
g. The three needs are health, wages and pensions. (in line 15-20)
h. Contracts are arranged between employers and employees. (line 15-20)
i. They might relate to the location of places of work. (line 20-25)
j. We should note that these laws sometimes help the employers and somtimes protect the interests of the workers. (in line 25)
