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Microeconomics > Trade Unions > Flashcards

Trade Unions Flashcards

1
Q

Pros of trade unions

A

Overcome unfair wages
Represent workers
Improve practices and increase productivity

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2
Q

Cons of trade unions

A

Unemployment - PC market for labour
Cost push inflation
Time lost due to striking
Confrontational

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Microeconomics (12 decks)

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