The worker organizing and collective bargaining become a threat to the employers and the governments as it becomes expensive for them to provide higher wages.
<h3>Who are labor unions?</h3>
Labor unions are the entities that fight for the rights of workers by acting as an intermediary between the workers and employers.
Collective bargaining is the scenario when the workers in the group demand a considerable rise in their wages. This becomes a threat to the government and employers because the condition of providing higher wages to the workers would be very expensive for them if they approve. If they will not approve, then the workers can go on strike or lockouts.
Therefore, the provision of higher wages to the workers becomes a threat to the employers and the government.
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Answer and Explanation:
Macroeconomics refers to the analysis of the economy as a whole. It covers the components like inflation, unemployment rate, saving, investment, etc
It is important to research macroeconomics, so we can learn how the country's economy is doing.
Microeconomics also studies inflation, unemployment causes, national earnings, and market price variations.
Moreover, Macro-economics focuses on businesses and people's decisions.
The people would get to know how much is the GDP of the economy, population, etc so that the government should make the decisions based on the current situation
Answer:
May 30, 1854 is when the Kansas Nebraska act started
Explanation:
Answer:
d. Serfdom
Explanation:
The statement is describing the serfdom conditions that were common in Feudal Europe of the Middle Ages.
Serfs are almost slaves who enjoy only some nominal liberties over their enslaved counterparts. Serfs have to work the land of their lord, pay the surplus production as a tax, and cannot leave the land without their lord's permission. They do not enjoy the same rights as their lord, and can be told or obliged to do anything by their superior.