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Every child is innocent, pure-hearted and full of life.A child is associated with his or her childhood; which is the most beautiful phase of a child's life. A section of children get to enjoy their childhood and enjoy a family environment, school life, studying, playing, making friends and pursuing their heart's desire.Takes into consideration how the culture and societal values may affect the value placed on the contribution of schooling and work. Child labour is aimed at purely satisfying the current needs of the household whilst education is an investment in future income.
In such a way, various pressure groups, media, and youth rights groups are fighting against dishonest companies and their suppliers to protect children from illegal exploitation.The urbanised areas have lower percentage of child labour, as parents prefer the education of their children rather than sending them to work for short-term benefit.Caste Income (Fig5) The poverty in Odisha stands at 35.7% whilst the urban states remain at 17.3 %.Market demands: Public growing needs for goods and services.Solved by reducing the cost of production (land, labour, capital, enterprise) Microeconomic labour model (Fig1): labour supply and demand are both functions of the real wage.Therefore, primarily it is a question of ones ethics and morale to intentionally accept and apply child labour for low pay and in appalling conditions.Nevertheless, in practical terms it seems that many suppliers actually do not mind unethical and illegal exploitation of child labour solely caring about enlarging their profits, expanding consumer markets and winning competitive advantages owing to cheap workforce that consists of ethically and legally unprotected children from Mali, Bangladesh, India, Cambodia, Liberia, Pakistan and many other destinations worldwide.For instance, the internationally acclaimed clothing retailers like Nike and Gap conventionally build up their global businesses on contracting factories and suppliers in the developing countries.Therein, local employers apply unethical and illegal practices to the workforce while benefiting the abovementioned global retailers.As the real wage falls labour becomes cheap in relation to the goods produced thus a companies increase in profit by hiring more workers for lower wage and increasing output.Non- Pecuniary demands: “nimble fingers hypothesis” The demand for labourers who are: Alert Innocent Willing Naïve Do not join trade unions or agitate for their rights Childs Household demands: Child labour is certainly a symptom of poverty as it creates an economic vulnerability amongst lower socioeconomic households.