Trade Unions

Strike Ballot
A vote of union members to decide on taking strike action, operating under union rules or legal requirements.
Industrial Dispute
A disagreement between employees and employers concerning pay, hours of work, working conditions, manning levels, or job security.
Real Wage Resistance
Difficulty in reducing real wages due to opposition of trade unions and employer reluctance.
Countervailing Power
Use of an organization by a group of individuals to protect against monopolistic exploitation by others.
Factor Market
A market for factors of production such as labor, capital, or raw materials.
Industrial Democracy
An exploration of industrial democracy, a principle that allows workers to have a say in the management of the firm they work for.
Industrial Relations
The relations between the management and workforce of an enterprise, particularly bargaining through trade unions concerning various aspects of employment.
Labour - Definition and Meaning
Comprehensive exploration of labour within economic contexts, its role as a factor of production, and associated sub-concepts.
Pendulum Arbitration
An approach to arbitration where the arbitrator selects either one of the proposals without modification, designed to discourage unreasonable demands from both parties.
Strike
Withdrawal of labour by a group of employees, typically members of a trade union.
Taft-Hartley Act
An overview of the Taft-Hartley Act, formally known as the US Labor-Management Relations Act of 1947.
unionized
Explanation of unionized occupation or workplace involving labor unions representing worker interests.
Wildcat Strike
An exploration of wildcat strikes, where employees initiate work stoppages without union authorization.