Examlex
Most studies have found that union workers are more productive than nonunion workers.
Private Ownership
The holding of personal assets by individuals or corporations allowing for the control and benefiting from the use of those assets, contrasted with public or state ownership.
Capitalism
An economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.
Branch Plants
Factories, offices, or other operations set up in a country by a company that is based in another country, often to take advantage of lower production costs.
Low-Wage
Employment that remunerates workers with pay significantly below the average for the labor market.
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