Economics Chapter 12

Question 1

activity in which striking workers walk up and down in front of a work place carrying signs that state their disagreement with the company

Answer 1

Picketting

Question 2

association of workers organized to improve wages and working conditions for its members

Answer 2

Union

Question 3

category of workers employed in crafts, manufacturing, and nonfarm labor

Answer 3

Blue Collar

Question 4

category of workers employed in offices, sales, or professional positions

Answer 4

White Collar

Question 5

company in which employees are not required to join the union, but must pay union dues

Answer 5

Agency Shop

Question 6

company in which only union members may be hired; outlawed in 1947

Answer 6

Closed Shop

Question 7

company that requires new workers to join the union after a specific period of time

Answer 7

Union Shop

Question 8

process by which unions an employers negotiate the conditions of employment

Answer 8

Collective Bargaining

Question 9

court order preventing some activity

Answer 9

Injunction

Question 10

deliberate work stoppage by workers to force an employer to give in to their demands

Answer 10

Strike

Question 11

economic pressure exerted by unions urging the public not to buy goods or services produced by a company

Answer 11

Boycott

Question 12

federal, state, or city law which sets the lowest legal hourly wage rate that may be paid to certain types of workers

Answer 12

Minimum Wage

Question 13

highly educated individuals with college degrees and usually additional education or training

Answer 13

Professionals

Question 14

members of a union in a particular factory, company, or geographic area

Answer 14

Local Union

Question 15

people whose jobs require no specialized training

Answer 15

Unskilled Workers

Question 16

people whose jobs require some training, in job-related skills, often using modern technology

Answer 16

Semi-Skilled Workers

Question 17

situation which occurs when management prevents workers from returning to work until they agree to a new contract

Answer 17

Lockout

Question 18

stage in contract negotiations between the union and employer in which a neutral party steps in and tries to get both sides to reach an agreement

Answer 18

Mediation

Question 19

state of negotiation process in which union and management submit the issues they cannot agree on to a third party for a final decision

Answer 19

Arbitration

Question 20

total number of people 16 and older who are either employed or actively seeking work

Answer 20

Civilian Labor Force

Question 21

state laws forbidding union shops and closed shops

Answer 21

Right-to-Work Laws

Question 22

union contract or other provision providing for an additional wage increase each year if the general level of prices rise above a certain level

Answer 22

Cost-of-Living-Adjustment (COLA)

Question 23

union made up of all the workers in an industry regardless of job or skill level

Answer 23

Industrial Union

Question 24

union made up of skilled workers in a particular trade or industry

Answer 24

Craft Union