Examlex
Enforcement of the National Labor Relations Act rests with the Federal Mediation and Conciliation Service.
Market Imperfections
occur when the conditions for perfect competition are not met, leading to inefficiencies in the allocation of resources.
Industrial Relations School
A perspective on labor relations emphasizing the importance of institutions, such as unions and labor laws, in shaping work life and labor markets.
Imbalance Of Power
A situation in which there is a disproportionate distribution or exercise of power, often disadvantaging one party in relation to another.
Socialist
an individual who supports or advocates for socialism, a political and economic ideology that seeks to promote social ownership and egalitarian distribution of resources.
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