In a Short Paragraph,explain Why Unions in the United States

question 68

Essay

In a short paragraph,explain why unions in the United States have suffered from a decline in membership since the 1980s.

---

Definitions:

Market Exit

The process of a company stopping its business operations or leaving a market, often due to unprofitability or strategic realignment.

Concentrated Industry

An industry characterized by a few firms controlling a large market share, leading to reduced competition.

Relatively Small

A comparative term indicating that something is smaller in size, amount, or degree when compared to others in a similar context.

Number of Firms

This refers to the total count of businesses operating within a specific market or industry.