Sunday, October 14, 2007

Labour and Management of Economy

Collective Bargaining- a procedure used in labour relations that involves employers bargaining with an employee representative, usually from a labour union, about working conditions or other concerns.

Binding Arbitration- a process under collective bargaining where a third party has to resolve a dispute and impose a decision on both arguing parties.

Closed Shops- Buisenesses that hire only union members. Once hired by a closed shop a person is expected to join the union.

Suffragette Group- A group of women who lobbied for the right to vote.

Humanitarianism- A beief that humans are oblidged wholy to the welfare of the human race.

Blue Collar Workers- People who work at manuel/industrial labour.

White Collar Workers- Occupations held by clerks, proffessionals, or buiseness people.

Mediation- To act as a go-between for two or more opposing parties.

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