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Organized group of workers, formed to promote and protect the wages and working conditions of its members. |
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Process of negotiating wages and other working conditions between trade unions and employers. |
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Conflicts which arise when unions and employers cannot agree terms and conditions. |
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When all workers in a place of work MUST belong to a trade union. |
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A firm which employs both unionized and non-unionized labour. |
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A firm agrees a single union can represent all its workers. |
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Workers refure to work more than their normal hours. |
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Workers slow down production by complying with every rule and regulation. |
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Working slowly to reduce production. |
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Refuse to work and may also protest outisde their workplace to stop deliveries or to stop non-unionized workers from entering. |
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Definition
A government policy for dealing with the budget (especially with taxation and borrowing). |
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Term
Central Reserve Bank of Peru |
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Definition
An Independent public institution that has the objective of preserving monetary stability through the regulation of money and bank credit. |
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