Problems in American Democracy
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Chapter 12 PROFIT SHARING AND CO PERATION

A. PROFIT SHARING

110. THE NATURE OF PROFIT SHARING.-The essence of profit sharing is that the workmen in a given enterprise receive, in addition to their regular wages, a share in the profits which would ordinarily go entirely to the entrepreneur. The share going to the employees varies with the establishment, but generally from one quarter to

            
            

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