Economic oppression

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The term economic oppression, sometimes misunderstood in the sense of economic sanction, embargo or economic boycott, has a different meaning and significance, and its meaning as well as its significance has been changing over a period of time, and its contextual application. Thus, one of the earliest references to some form of economic oppression is found in a verse of the Old Testament[1] : "And if thou sell ought unto thy neighbour, or buyest ought of thy neighbour's hand, ye shall not oppress one another." On the other hand, in today’s context, economic oppression may take several forms, including the practice of bonded labour in some parts of India; serfdom; forced labour; low wages; denial of equal opportunity; practicing employment discrimination; and economic discrimination based on sex, nationality, race, and religion.