Labor unions can increase wages through:
collective bargaining
Reducing supply of labor
and increasing demand for labor
In collective bargaining, the workers can send their representatives to negotiate new working terms with employers (including work hours and increasing wages).
Reducing supply of labor would make the existing laborers become more lucrative, rare and valued. This would resulted in an increase of workers' wages.,
Increasing demand for labor can be done by improving the members' skills through courses or seminar. By having additional skills, the members can be eligible to harder and more rare job opportunities. This usually correlate with higher wages
Explanation:
War?
The Cold War was important because it split the world into two rival sides that came into conflict with each other in a number of places around the world. This conflict has left us with, among other things, a huge aresenal of nuclear weapons, particularly in the US and in Russia.
Answer:
The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.
Written in middle english
Mahatma Gandhi made spinning on the charkha and the daily use of khadi , or a coarse cloth made from homespun yarn , very powerful symbols. these were not only symbols of self-reliance but also of resistance to the use of British mill-made cloth....;
