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According to the text,what happened during the 1960s and 1970s?
Managerial Authority
The legal or organizational power granted to managers to make decisions, allocate resources, and direct the activities of others within an organization.
Labor Problem
Issues arising from employment relationships, including disputes over wages, working conditions, union rights, and employer practices.
Bargaining Power
The capacity of one party to influence the terms of negotiation or outcomes to its advantage.
Labor Market Outcomes
The results or consequences of interaction between job seekers and employers in the labor market, often measured by factors such as employment rates, wage levels, and the quality of working conditions.
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