Sign In
Ask Question
Social Studies
Julian Prince
8 August, 10:03
How do labor unions affect the economy
+4
Answers (
1
)
Jorden Powers
8 August, 12:22
0
Labor unions can affect the economy by possibly providing higher wages for its workers, but it will simultaneously lower the profits made by the company, and create fewer jobs. This is because labor unions encourage the benefit of the workers (as the workers join together to fight for better treatment), but it will discourage other companies/businesses from investing in the company. So although it benefits the workers morally, it can negatively affect the success of businesses in the economy.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Get an answer to your question ✅
“How do labor unions affect the economy ...”
in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
what is the process of how a law arrives at the Supreme Court for review and what the court does in reviewing it. From Brainpop
Answers (1)
Who rejected the final compromise effort to stop the secession movement
Answers (2)
The likelihood that individuals have of sharing in the opportunities and benefits of society is known as a. life chances. c. both a and b b. life expectancy. d. neither a nor b
Answers (1)
What is 42,708 rounded to the nearest ten thousand
Answers (2)
What did the jay Treaty resolve
Answers (1)
New Questions in Social Studies
Attempts to achieve teamwork, empowerment, and diversity can succeed only if:a. leaders follow the principles and practices of the industrial era. b. managers want to treat people the way they treat machines or the bottom line. c.
Answers (1)
The traditional approach to strategic control is sequential. Which of the following is not one of the steps in the sequence? Multiple Choice Lower and middle management set strategic corporate goals.
Answers (1)
In general, which best explains why communist revolutions did not happen? A). Workers were too tired and poor to revolt. B). Moderate socialists were less radical. C). Capitalist governments enacted reforms. D).
Answers (1)
Why were native Americans forced to abandon their land and move west
Answers (1)
According to the Cannon-Bard theory of emotion, the arousing stimulus first triggers the physical response, then the subjective experience of emotion follows.
Answers (1)
Home
»
Social Studies
» How do labor unions affect the economy
Sign In
Sign Up
Forgot Password?