Examlex
For the following transition matrices, what is the absorbing state(s) ?
NLRA
The National Labor Relations Act, a cornerstone in U.S. labor law, facilitates the process of collective bargaining and aims to curtail the prevalence of unfair labor practices.
Free Market Forces
The natural regulatory mechanisms of a free market economy, driven by supply, demand, and competition.
Social Movement Unionism
A trend within labor movements that emphasizes broader social justice issues beyond just the workplace, linking labor struggles with other social and political movements.
Bargaining Power
The capacity of one party in a negotiation to influence the agreement terms due to its strength or position.
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