Trade Unions and Bargaining Power
Trade Unions and Bargaining Power
A trade union is an organised association of workers that bargains collectively with employers over pay and working conditions. By negotiating as one group, workers can gain more bargaining power than they would have individually.
Step-by-step lessons on AQA A Level Economics 1.6.5 The Influence of trade unions in determining wages and levels of employment. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.