Econ Unit 3

Worker comprised organizations that negotiate with employers for better wages and conditions

Breakfast cereal market has three main companies. What is this an example of?

when a neutral 3rd party is brought to assist in nonlegal labor disputes

This act regulated trade on US railways requiring that rates be uniform and fair.

This woman was instrumental in the push for equal pay regardless of gender

this court order prohibits workers from striking

using both picketing and boycotting together is referred to as

This market structure is considered ideal as consumers and producers each compete directly.

Examples of this market structure are: cars, soda, and cell phone providers.

This law exempted labor unions from antitrust law suits

only one trail store working in rural AK due to the remote location might be an example of

arbitration refers to what?

technological monopolies are protected by

When sellers secretly set prices and production levels, it is referred to as

this law guarantees workers the right to form unions and to bargain collectively

all of the following are used to keep monopolies "in check" except

Saw workers locked out of their place of employment and military force used.

type of market structure legally distinct from stock-holding owners and treated as an individul

this act initially set the work week at 44 hours, and a required a minimum wage

The money, inventory, and buildings owned by an organization would be considered part of its

bertical integration in terms of business refers to

antitrust legislation was first enacted in the late 1800s with what purpose?

when people work at a job because of the satisfaction it gives them, they do it because of what

This business organization is used by members of "professional" occupations" (lawyers, doctors)

This labor related event saw violence break out in Chicago involving a bomb thrown at the cops

tragic incident saw dozens of women jump to their deaths and led to workplace safety reform

the most prevalent type of business organization in the US is

semi-independent business that pays fees and royalties to a parent company

of the following labor groups in the US who makes the least amount of money for comparable work

Which is the following was intedned as a labor anti-discrimination law?

These allow for businesses in the area as opposed to residential buildings

where the demand for labor meets the supply of labor

The primary need for unions arose as a result of

a business in which workers are not required to join a union is reffered to as?

The Oil Embargo of 1973 reflected the power of

Child labor became an issue important to unions because

corporations commonly issue what in order to raise funds

The first president of the American Federation of Labor was?

what affect does specialization of labor have on productivity?

the following most benefits from a price war

When a firm distributes a potion of its profits to its workers (stock) it is referred to as

This union tactic involves an organized effort to stop purchases of a firms products

besides money, what might a person also consider when choosing a job

Process which consumer demand for a good creates demand for labor and other resources is called

one key to being successsful in the area of Monopolistic competition is for companies to

which of the following unions accepted women and some minority in the late 19th century?

the following are changes in the labor force that have occurred due to industralization except?

Upton Sinclair's The Jungle called attention to unacceptable labor conditions in what industry?

Head of the Congress of Industrial Organizations

involves boycotting a firms product as well as other firms they do business with

Nonwage payments such as sick days and vacation days are examples of?