Economy
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | A branch of economics that deals with the economy as a whole, including employment, gross domestic product, inflation, economic growth, and the distribution of income
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| Civilian Labor Force | show 🗑
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| show | An association of skilled workers who perform the same kind of work
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| show | An association of all workers in the same industry, regardless of the job each worker performs
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| show | Refusal to work until certain demands were met
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| show | Parade in front of the employer’s business carrying signs about the dispute
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| Boycott | show 🗑
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| show | A refusal to let the employees work until management demands were met
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| Company Union | show 🗑
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| Great Depression | show 🗑
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| Independent Unions | show 🗑
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| show | A situation in which the employer aggress to hire only union members
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| Union Shop | show 🗑
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| show | An arrangement where workers do not have to belong to a union to be hired and cannot be made to join one to keep their jobs
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| show | An agreement that does not require a worker to join a union as a condition to get or keep a job, but does require the worker to pay union dues to help pay collective bargaining costs
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| Grievance Procedure | show 🗑
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| Mediation | show 🗑
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| show | A process in which both sides agree to place their differences before a third party whose decision will be accepted as final
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| show | A agreement between union and management to have a neutral third part collect facts about a dispute and present nonbinding recommendations
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| show | A court order not to act
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| Seizure | show 🗑
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| show | People who work at jobs such as digging ditches, picking fruit, and mopping floors
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| Semiskilled Labor | show 🗑
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| Professional Labor | show 🗑
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| show | Broad categories of labor that do not directly compete with one another because of experience, training, education, and other human capital investments
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| Wage Rate | show 🗑
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| show | The theory states that the supply and demand for a worker’s skills and services determine the wage or salary
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| show | The wage rate that leaves neither a surplus nor a shortage in the labor market
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| show | States that organized labor’s bargaining strength is a factor that helps determine wages
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| show | The length of time a person as been on the job
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| show | States that employers are willing to pay more for people with certificates, diplomas, degrees, and other indicators of superior ability
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| Labor Mobility | show 🗑
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| Giveback | show 🗑
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| show | A system that keeps high wages for current workers, but has a much lower wage for newly hired workers
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| Glass Ceiling | show 🗑
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| show | The principal stating that people should receive equal pay for work that is different from, but just as demanding as, other types of work
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| Set Aside Contract | show 🗑
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| show | Workers who regularly work fewer than 35 hours per week
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| Minimum Wage | show 🗑
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| Current Dollars | show 🗑
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| Real or Constant Dollars | show 🗑
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| Base Year | show 🗑
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