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Economics:Chapter 9:Unions
Economics:Chapter 9:Unions
37
Economics
12th Grade
03/03/2015

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Term
There is Power In Numbers When It Comes To?
Definition
Unions
Term
Who Made Up The First Unions?
Definition
Skilled Workers
Term
What Is A Trade Union?
Definition
Each Type Of Worker Has Its Own Union
Term
What Is An Industrial Union?
Definition
Everyone Who Works For The Company Is In The Same Union
Term
What Are The Three Ways Employers Resist?
Definition
Lockouts, Firings, and Company Unions
Term
After the Civil War the Labor Force did what?
Definition
Became More United
Term
What Are The Three Methods of Unions?
Definition
Picketing (Protest), Boycott (Refuse Use), and Strike (Quit Working)
Term
In a good economy...
Definition
courts dislike unions.
Term
In a bad economy...
Definition
courts like unions.
Term
The AFL-CIO was created to....
Definition
help unions.
Term
In WWII new laws were made...
Definition
against unions.
Term
In the Great Depression laws were created to....
Definition
protect unions.
Term
Employers In An Agency Shop....
Definition
must pay union dues regardless.
Term
Closed Shops are....
Definition
not legal.
Term
In a Giveback....
Definition
an Union gets too powerful and the company is at risk of closing so the company has to....
Term
An Union gets too powerful and the company is at risk of closing so the company has to....
Definition
Give back
Term
What are the three types of Dispute Resolution?
Definition
Arbitration, Government Involvement, and Fact Finding
Term
What Is Arbitration?
Definition
Legally Binding Mediation
Term
What Is Fact Finding?
Definition
Non-binding mediation where no side represents themselves.
Term
What Are The Two Types of Government Involvement?
Definition
Injunctions and Seizures
Term
What Is The Use of Employee/Employer Contracts?
Definition
Choose Dispute Resolution Method
Term
What Is Derived Demand?
Definition
If you earned the money you should get it.
Term
What Are The Three Types of Labor?
Definition
Semiskilled, Unskilled, and Professional
Term
What Three Things Do You Need To Gain Higher Labor Grades?
Definition
Ability, Initiative, and Money
Term
Wages can vary when...
Definition
Demand for skilled positions exceeds supply
Term
Employer must believe...
Definition
Value > Cost
Term
Wages increase when...
Definition
Cost of living is higher than normal
Term
People accept lower wages when...
Definition
The location to work is attractive
Term
What Is a Glass Ceiling?
Definition
Invisible barrier prevents growth in pay
Term
Union Membership Declines When...
Definition
When People Don't See A Need In It
Term
What Was The First Minimum Wage?
Definition
1938
25 cents an hour
Term
People dislike minimum wage because
Definition
it is against economic freedom
Term
What Is An Union Shop?
Definition
Business of workers required to join a union after being hired
Term
What Is Collective Bargaining?
Definition
How Businesses and unions negotiate wages and working conditions
Term
What is Feather Bedding?
Definition
When unions force companies to hire more workers than they need. It leads to bankruptcy which then leads to give backs.
Term
Who Set the First Minimum Wage?
Definition
Franklin Roosevelt
Term
What is a Give back?
Definition
Benefit given up when a labor contract is renegotiated.
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