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Microeconomics

13th Edition
Roger A. Arnold
ISBN: 9781337617406

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BuyFindarrow_forward

Microeconomics

13th Edition
Roger A. Arnold
ISBN: 9781337617406
Textbook Problem

A discussion of labor unions usually evokes strong feelings. Some people argue vigorously against labor unions; others argue with equal vigor for them. Some people sec labor unions as the reason the workers in this country enjoy as high a standard of living as they do; others see labor unions as the reason the country is not so well off economically as it might be. Speculate on why the topic of labor unions generates such strong feelings and emotions—often with little analysis.

To determine

Explain why the topic of labor unions generates such strong feelings and emotions.

Explanation

The labor unions are always acting as a mediator between the workers and the management of the firms. In such capitalist countries, the relationship between workers and management is very argumentative when compared to some other developed nations. Therefore, the labor unions established in such countries have to take care of the argumentative feelings among the workers as well as the management...

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