Figure 1.2 Using the Figure Above, Identify the Labeled Part

question 40

Short Answer

Figure 1.2

Using the figure above, identify the labeled part.
-Label O: ______________________________

---

Definitions:

Collective bargaining

A process where employers and representatives of employees negotiate wages, working conditions, and other terms of employment.

Legitimizes capitalism

The process or argument by which capitalism is defended or justified as the preferable economic system, often in relation to its ability to promote economic growth and freedom.

Monopolistic power

The ability of a single entity to control or dominate a market, setting prices and limiting competition.

French law

refers to the legal system established in France, which includes civil law traditions, statutory laws, and regulations governing various aspects of life and business in the country.