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10-24.In 1938 Congress established as a subsidiary of the Reconstruction Finance Corporation the:
Communist and socialist unions
Labor organizations that operate based on communist or socialist principles, advocating for the collective ownership of the means of production and equal distribution of wealth.
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.
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