The Fact That Members of Labor Unions Often Have Higher

question 245

True/False

The fact that members of labor unions often have higher wages than do workers who are not members of a union is proof that the marginal productivity theory of income distribution is not valid.

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Definitions:

Labor Union

An organization of workers formed to protect and advance their rights and interests, commonly through collective bargaining.

Maslow's Hierarchy

A psychological wellness theory based on satisfying inherent human necessities in order, ultimately leading to self-actualization.

Alderfer's ERG Theory

A theory in psychology that categorizes human needs into three categories: Existence, Relatedness, and Growth, positing that these needs can influence people's behavior.

Herzberg's Two-Factor Theory

A motivational theory that suggests job satisfaction and dissatisfaction arise from two different sets of factors – hygiene factors and motivators.