Examlex
In 1981, President Ronald Reagan, in response to an air traffic controllers strike did the following
Threat of Strikes
The potential action of workers stopping work as a form of protest or to demand improved conditions or wages, used as leverage in negotiations.
Welfare Capitalism
An approach in which companies provide welfare-like services to their employees, such as housing and healthcare, to improve working conditions and reduce labor unrest.
Strategic Human Resource Management
An approach to managing human resources that supports long-term business goals and outcomes with a strategic framework.
Wealth Concentration
The process by which a small segment of the population comes to hold a significant proportion of the society's wealth, leading to economic inequality.
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