ABSTRACT

In the factor market the pressure against controls can be seen in the struggle by the government to obtain its determined distribution of factor services, in the persistent demands by individual unions for higher wages, in the hoarding of labour by employers and in the reluctance of labour to exchange its effort for discounted savings. The seriousness of the pressure was acknowledged by the British government in their introduction of the Control of Engagements Order, which placed restrictions on labour movements in the agricultural and mining industries.