Labor Movement
Labor Movement (cont)
Unionization
Theory of Wage
TAXES
100

What is the term?- men and women 16 years old and over who are either working or actively looking for a job

Civilian labor force

100

What is a lockout?

refusal to let the employees work until management demands were met

100

What year was the Right to Work Law established?

1947

100

What is a wage rate?

A  standard amount of pay given for work performed.

100

Define Income taxes 

Taxes paid by employees to federal and state government. Collected or withheld from one's paycheck.

200

What is the term? - an association of skilled workers who perform the same kind of work

Craft/trade union

200

What is a Company Union?

A union organized, supported, or run by employers

200

What is the Taft Hartley Act?

It gives employers the right to sue unions for breaking contracts.

200

What is ---The supply and demand for a worker’s skills and services determine the wage or salary

Traditional Wage Theory

200

Define Payroll Taxes

Federal and state taxes that all employers must pay, based on a percentage of the employee's salary. They go to such things as Social Security and Medicare/Medicaid.

300

What is the term? - union suggesting to not utilize a good/service

Boycott

300

What is the Right to Work Law?

A law making it illegal to force workers to join a union as a condition of employment.



300

WHat are the 4 types of Resolution to Strikes

Mediation, arbitration, injunction, and seizure

300

What is bargaining strength is a factor that helps determines wages?

Negotiated Wage Theory

300

Define Property Tax

Taxes usually assessed as a percentage of the value of items you own (cars, boats, etc.). They can fall under county or state taxes, depending on where you live.

400

What is the term for refusal to work? 

STRIKE

400

What is The Fair Labor Standards Act (1938)

It fixes a federal minimum wage for many workers and establishes time-and-a-half pay for overtime (over 40 hours per week).

400
What is the difference between mediation and arbitration? 

Both seek to  use a neutral third party to help settle a dispute BUT in arbitration the decision is FINAL.

400

What is signaling?

Wage Theory that allows an employer to pay more for people with certificates, diplomas, degrees, and other indicators or “signals” of superior ability.

400

Define Social Security Tax 

A program that provides monthly benefits to almost 60 million Americans, including retirees, military families, surviving families of deceased workers, and disabled individuals.

500

What is The Norris-LaGuardia Act of 1932?

It  prevented federal courts from issuing rulings against unions engaged in peaceful strikes, picketing, or boycotts.

500

What is The National Labor Relations Act (NLRA), or Wagner Act, of 1935?

It established the right of unions to collective bargaining.

500

What re the four types of labor?

Unskilled, semiskilled, skilled and professional 

500

What is gridlock?

A work siutation where a union had a bargaining session for wages and no negotiations were being made.

500

Define Medicare

A government-run insurance program that provides healthcare assistance to elderly Americans.

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