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Describe global inequality in relation to development and modernization theory.
Hot Cargo Agreements
Agreements between labor unions and employers that prohibit the employer from handling, using, or dealing with goods produced by a company targeted by a union boycott.
Monopolies
Market structures in which a single seller dominates trade in a good or service, often leading to reduced competition and higher prices.
Sole Bargaining Agent
The exclusive union designated to represent and negotiate on behalf of all employees in a bargaining unit, regardless of union membership.
National Labor Relations Act
A foundational statute of US labor law which protects the rights of employees and employers, encourages collective bargaining, and curtails certain private sector labor and management practices.
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