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European decency threshold

Index European decency threshold

The Social Charter initially defined what many UK campaigning groups termed the Council of Europe decency threshold in the 1960s as 68% of average earnings within a national economy. [1]

7 relations: Advocacy group, Economy, European Social Charter, Median, Minimum wage, Morality, Net income.

Advocacy group

Advocacy groups (also known as pressure groups, lobby groups, campaign groups, interest groups, or special interest groups) use various forms of advocacy in order to influence public opinion and/or policy.

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Economy

An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents.

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European Social Charter

The European Social Charter is a Council of Europe treaty which was opened for signature on October 18, 1961 and initially became effective on February 26, 1965, after West Germany had become the fifth of the 13 signing nations to ratify it.

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Median

The median is the value separating the higher half of a data sample, a population, or a probability distribution, from the lower half.

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Minimum wage

A minimum wage is the lowest remuneration that employers can legally pay their workers.

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Morality

Morality (from) is the differentiation of intentions, decisions and actions between those that are distinguished as proper and those that are improper.

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Net income

In business, net income (total comprehensive income, net earnings, net profit, informally, bottom line) is an entity's income minus cost of goods sold, expenses and taxes for an accounting period.

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European Decency threshold.

References

[1] https://en.wikipedia.org/wiki/European_decency_threshold

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