Examlex
Frustration occurs when a motivated drive is blocked before a person reaches a desired goal.
Unionized
Describes a workplace or workforce that is represented by one or more labor unions, which negotiate wages, work rules, and working conditions.
Strike
An action of unionized employees in which they (1) discontinue working for the employer and (2) take steps to prevent other potential workers from offering their services to the employer.
Product Market
The marketplace where final goods or services are traded, allowing businesses to sell their products directly to consumers or users.
Labor Market
The supply and demand for labor, where employers seek to hire workers and workers seek employment, influencing wages and employment levels.
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