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Discuss the three basic types of economic systems.
Collective Voice
The collective power of workers to express their concerns and negotiate with employers, often facilitated by unions.
Critical Industrial Relations School
An academic perspective focusing on the study of employment relations, emphasizing power dynamics, labor processes, and the critical analysis of management and labor union strategies.
Social Order
The organized system of social structures and institutions that collectively govern the behavior and expectations of a society's members.
Human Resource Management
The strategic approach to the effective management of people in a company or organization such that they help their business gain a competitive advantage.
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