Examlex
The AFL originally was a federation of craft unions that did not attempt to organize industrial unions. The main reason for this strategy was that
Labor Economists
Labor economists are experts who study the labor force, examining employment levels, wage dynamics, and the factors affecting labor market participation and efficiency.
Supply Elastic
A measure of how much the quantity supplied of a good or service changes in response to a change in price.
Luxury Tax
A tax placed on expensive, non-essential products or services, aimed at curbing the consumption of luxury goods.
Middle Class
A social class made up of people who fall economically between the working class and the upper class, often defined by income, education, and occupation.
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