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Briefly explain the advantages of vertical integration.
Lockouts
A situation in labor relations where an employer prevents employees from entering the workplace, usually during a dispute.
Closed Shop
A place of employment where hiring is restricted to individuals who are members of a particular labor union.
Right-to-Work Laws
Legislation that prohibits union security agreements between companies and workers' unions, allowing individuals to work without the requirement to join the union or pay dues.
Taft-Hartley Act
An American federal statute from 1947 designed to curtail the actions and influence of labor unions.
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