Examlex
All of the following helped to make the prosperity of the 1920s possible except
Unionization Rate
The percentage of a particular population of workers that belongs to labor unions; alternatively, the percentage of a population of workers that is represented by one union or another in collective bargaining.
Union Members
Individuals who belong to an organization that represents workers in negotiations with employers over wages, benefits, and working conditions.
Shirking
Shirking describes when employees underperform or exert less effort than expected because of insufficient incentives or the absence of effective monitoring.
Perfectly Inelastic
Describes a situation where the quantity demanded or supplied does not change in response to a change in price; the demand or supply curve is vertical.
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