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Labor Unions
Labor unions are organizations that represent workers in negotiations with employers regarding wages, working conditions, and benefits.
Cartels
An association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition.
Non-Unionized Industries
Sectors of the economy where labor unions do not represent the workforce, often resulting in different labor standards and wages.
Minimum Wage
The lowest hourly, daily, or monthly remuneration that employers may legally pay to workers.
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