click below
click below
Normal Size Small Size show me how
Brown-economics
Key terms set 1
| Term | Definition |
|---|---|
| right-to-work law | a measure that bans mandatory union membership |
| equilibrium wage | the wage rate that gives neither an excess supply of workers nor an excess demand for workers |
| glass ceiling | an unofficial, invisible barrier that prevents women and minorities from advancing in businesses dominated by white men |
| semiskilled labor | labor that requires minimal specialized skills and education |
| labor union | an organization of workers that tries to improve working conditions, wages, and benefits for its members |
| productivity | the value of a worker's output |
| white-collar worker | someone in a professional or clerical job who usually earns a salary |