IGCSE Economics Paper-2: Specimen Questions with Answers 77 - 77 of 100

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Passage

Employers which recognize a union will negotiate with it over members pay and conditions.

Question 77 (1 of 5 Based on Passage)

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Short Answer▾

What a trade union is?

Explanation

  • Trade union is used to refer to the organization of workers to protect their rights and enhance their welfare. Trade unions are the voluntary organization of workers to protect and promote their rights and enhance their welfare. Trade unions mist possess definite aims; its members must be welded together in a united front for the good of the whole group rather than for the promotion of any selfish individual interest and it must to be effective, take on a definite permanent form of the organization through which it strives to accomplish its goal. The term trade union includes both employers and workers organizations. It is used to refer to the organization of workers to the organization of workers firmed to protect their rights and enhance their welfare.
  • Any agreement between partners as to their own business.
  • Any agreement between employer and those employed by him as to such employment.
  • Any agreement in consideration of the sale of the goodwill of a business or of instruction in any profession

Trade Unions However Do Not Affect

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