Vocabulary
Vocabulary
Vocabulary
Miscellaneous
Miscellaneous
100
The refusal to buy goods and services until an agreement is reached.
What is a boycott?
100
A business in which employees are not required to join a union but must pay union dues.
What is an agency shop?
100
A savings account that requires a large minimum deposit.
What is a money market account?
100
This president was important for supporting laws that benefited labor unions in the 1930s
Who is President Franklin D. Roosevelt?
100
You have to keep your money in this account for a certain period of time to receive its maximum interest.
What is a certificate of deposit?
200
A business at which employees must join the union after a certain period of time, usually 60 or 90 days.
What is a union shop?
200
A state law that gives people the right to work without belonging to a union.
What is a right-to-work law?
200
The promise to pay later for a purchase of goods or services without the actual transfer of money.
What is credit?
200
A work stoppage by labor to win terms of agreement.
What is a strike?
200
Currently, these workers make up less than ten percent of the American labor force in 2025.
Who are workers who are members of unions?
300
A worker who crosses a picket line to do the job of a striking worker.
What is a scab laborer?
300
It is yearly, as in yearly interest.
What is annually?
300
A savings account that requires money to be left in the account for a certain period of time.
What is a time-deposit account?
300
A certificate of deposit has this advantage over a traditional savings account.
What is a higher fixed interest rate?
300
Money paid by workers to support union activities.
What are union dues?
400
A business that hires only workers who already belong to a union.
What is a closed shop?
400
To take out of something.
What is withdraw?
400
In a loan, the original amount of borrowed money.
What is principal?
400
Name three ways that labor unions have improved working conditions in the United States.
What is the minimum wage law? What is the 40-hour work week? What is overtime pay? What are health benefits? What is medical care and compensation when hurt on the job? What is vacation pay, paid sick leave, and time off to care for a new baby or ill relative?
400
A typical factory worker worked 60 hours in this year.
When is 1860?
500
A process by which management and labor reach agreements through negotiation and compromise.
What is collective bargaining?
500
Property or cash offered by a borrower as a guarantee that a loan will be repaid.
What is collateral?
500
Any benefit given to workers other than wages, such as vacation pay, sick leave, pensions, and so forth.
What is a fringe benefit?
500
An organization that fights for workers' rights, wages, and benefits in a particular industry.
What is a labor union?
500
A process by which an outside party decides the terms of an agreement that must be accepted by both sides in a labor dispute.
What is arbitration?