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The Equal Pay for Equal Work Act and its impact on the American economy

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  1. The Equal Pay for Equal Work Act for women
  2. Exploitation in the workplace
  3. Women joining the workforce
  4. Two income households
  5. Impact on business
  6. Settling labor disputes

The nineteen sixties were a time of change in the world and especially in America, where Vietnam protests and demands for civil rights had taken off. In this time of change the sixties saw women in greater numbers demanding the same rights as men and one of those rights was the ability to join the workforce. As members of the workforce, women argued that they had the right to receive pay equal to those of their male contemporaries and hence the Equal Pay for Equal Work Act was put into law on June 10th, 1963. This act has had a broad number of implications not only on society, but on the economy since adding a whole other sector to the workforce broadened the economy.

[...] The Equal Pay for Equal Work Act forces employers to pay women what they are worth and because of this fact, the Act gave women an incentive to work harder in the workplace. It helped make women even more valuable members of any working team and because of this employers were given a greater number of employees to choose from. In the book Taking Sides McKenna and Feingold discuss a Knowledge based economy. A knowledge based economy, they argue, allows all people to explore any career path they chose free of educational restraints and closed institutions. [...]

[...] The Equal Pay for Equal Work Act also helped to settle labor disputes. This not only made it easier for companies to hire women, but it helped keep labor disputes out of companies by giving them something to point to. Labor disputes have been known to harm the economy by tying up a company's time and resources in things like frivolous lawsuits. In order to combat these types of problems the Equal Pay for Equal Work Act helped to ensure that companies could focus on what they needed to be focusing on instead of worrying about being tied up in any kind of labor or legal disputes. [...]

[...] ?Traditional Families Account for Only 7 Percent of U.S. Households.? Population Reference Bureau March Web 16, April, 2015. [...]

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