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Brown-economics
Key terms set 1
Term | Definition |
---|---|
right-to-work law | a measure that bans mandatory union membership |
equilibrium wage | the wage rate that gives neither an excess supply of workers nor an excess demand for workers |
glass ceiling | an unofficial, invisible barrier that prevents women and minorities from advancing in businesses dominated by white men |
semiskilled labor | labor that requires minimal specialized skills and education |
labor union | an organization of workers that tries to improve working conditions, wages, and benefits for its members |
productivity | the value of a worker's output |
white-collar worker | someone in a professional or clerical job who usually earns a salary |