Compared to Countries with Less Economic Freedom, Countries with More

question 84

Multiple Choice

Compared to countries with less economic freedom, countries with more economic freedom

• A) achieve higher per person income  levels, but they also have higher poverty rates.
• B) grow more rapidly, but the income levels of the poor are largely unaffected by the higher growth rates of the freer economies.
• C) achieve both higher  income levels per person and lower rates of poverty.
• D) grow less rapidly and experience higher poverty rates.

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Definitions:

Union Shop Agreements

Contracts requiring all employees of a business to join the union within a certain period of starting employment and to maintain membership as a condition of employment.

Wagner Act

Also known as the National Labor Relations Act of 1935, this law established the rights of employees to form unions, engage in collective bargaining, and participate in strikes and other concerted activities.

Unfair Labor Practices

Actions by employers or unions that violate workers' rights or the laws governing labor relations.

Wagner Act

A foundational U.S. law enacted in 1935 to protect workers' rights to organize and to promote collective bargaining.