Save
Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't know (0)
Remaining cards (0)
Know (0)
0:00
share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Econ 9

QuestionAnswer
Labor force Nonmilitary people who are employed or unemployed
Outsourcing Practice of contracting with another company to do a specific job that would otherwise be done by a company's own workers
Offshoring Movement of some of a company's operations to another country
Learning effect Theory that education increases efficiency of production and thus results in higher wages
Screening effect Theory that completion of college indicates to employers that a fob applicant is intelligent and hard-working
Contingent Employment A temporary and part-time job
Guest workers Members of the labor force from another country who are allowed to live and work in the United States only temporarily
Derived demand Demand that is set by demand for another good or service
Productivity of labor Quantity of output produced by a unit of labor
Equilibrium wage Wage rate, or price of labor services, that is set when the supply of workers meets the demand for workers in the labor market
Unskilled labor Work that requires no specialized skills, education, or training
Semi-skilled labor Work that requires minimal specialized skills and education
Skilled labor Work that requires specialized skills and training
Professional labor Work that requires advanced skills and education
Glass ceiling Unofficial barrier that sometimes prevents women and minorities from advancing to the top ranks of organizations dominated by white men
Labor union Organization of workers that tries to improve working conditions, wages, and benefits for its members
Featherbedding Practice of negotiating labor contracts that keep unnecessary workers on a company's payroll
Strike Organized work stoppage intended to force an employer to address union demands
Ration of workers that belong to a union 1 in 8
Right-to-work law A measure that bans mandatory union membership
Blue-collar worker Someone who performs manual labor, often in a manufacturing job, and who earns an hourly wage
White-collar worker Someone who works in a professional or clerical job and who usually earns a weekly salary
C0llective bargaining Process in which union and company management meet to negotiate a new labor contract
Mediation Settlement technique in which a neutral person meets with each side to try to find a solution that both sides will accept
Arbitration Settlement technique in which a neutral third party listens to both sides and then imposes a decision that is legally binding for both the company and the union
Created by: sudokken
 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards