What Negative Impacts Can Unions Have on Industries and the Economy

question 153

Multiple Choice

What negative impacts can unions have on industries and the economy?
I. They can initiate worker strikes and sit-ins which stall production.
II. By limiting the supply of labor in one industry they can cause an increased supply of labor in other industries, which causes lower wages in those industries.
III. They can limit firms to hiring only unionized workers, which could stop firms from hiring the labor with the most appropriate skills.

• A) I Only
• B) I and III only
• C) II and III only
• D) I, II and III

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Definitions:

Directly Inserts

The process by which certain structures, like tendons, attach directly to bones or other tissues.

Digits

Digits refer to the fingers and toes in humans and other animals, which are essential for various functions such as grasping and balance.

Index Finger

The second digit of the human hand, located between the thumb and the middle finger, often used for pointing.

Sternocleidomastoid

A muscle located in the neck that is responsible for turning the head side to side and nodding.