Economics Chapter 8 Test Review 1. “Cooling off” period 2. Agency

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Economics Chapter 8 Test Review
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“Cooling off” period
Agency shop
Arbitration
Boycott
Child labor
Civil Rights Act (1964)
Civilian labor force
Clayton Antitrust Act (1914)
Closed shop
Collective bargaining
Company unions
Craft or trade unions
Demand curve, why it moves to the right/left and
the results of each
Effect of Great Depression on unions
Equal Pay Act (1963)
Equilibrium wage rate
Fact-finding
Fair Labor Standards Act (1938)
Giveback
Glass ceiling
Grievance procedure A
Hazardous jobs
Industrial Union
Initiative
Injunction
Interstate Commerce
John L. Lewis
Jurisdictional dispute
Labor mobility
Landrum-Griffin Act (1959)
Lock out
Macroeconomics
Mediation
Minimum wage
Modified union shop
National Labor Relations Act (NLRA)/Wagner
Act (1935)
National Labor Relations Board (NLRB)
Overtime
Picket
Professional labor
Restraint of trade
Right-to-work law
Seizure
Semi-skilled labor
Sherman Antitrust Act (1890)
Skilled labor
Strike
Taft-Hartley Act (1947)
Theory of negotiated wages
Trade Union
Traditional theory of wage determination
Unfair labor practice
Union shop
Unskilled labor
What a union arbitrator does
What are reasons in favor of and in opposition of
the minimum wage
Who changed the labor force percentages since
WWII
58. Why did unions become popular
59. Why there is an income gap between men and
women
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