Examlex
Which of the following is one reason for the decline in aggregate demand that led to the recession of 2007-2009?
Company Dominated Unions
Refers to labor unions that are unduly influenced or controlled by employers, which can undermine the union's effectiveness in representing workers' interests.
Closed Shop Agreements
Labor agreements requiring an employer to hire only workers who are already union members, effectively ensuring a unionized workforce.
Taft-Hartley Act
A 1947 federal law in the United States that restricted the activities and power of labor unions, formally known as the Labor Management Relations Act.
Agency Shop Agreements
Labor agreements that require non-union workers to pay union dues on the premise that union activities benefit all workers.
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