IGCSE Economics Paper-2: Specimen Questions with Answers 78 - 79 of 100

Passage

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

Question 78 (2 of 5 Based on Passage)

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What are the problems associated with trade unions?

Explanation

The problems faced by the trade unions are described below-

  • Small size- The size of the trade union affects the the bargaining power of the workers.
  • Poor finance- Small size of the trade union directly affects the financial health of the union as the per member subscription is low and the expenditure is more.
  • Politicization- A defect in the trade union is that it is headed by the professional politicians. The members of the unions have to comply with the decisions taken by them which are mostly in favor of the politicians rather than the workers.
  • Multiple unions- Often there are multiple trade union in an organization which leads to conflict among their interest due to difference in religion, caste and creed.
  • Lack of enlightened workforce- Due to lack of education, difference in caste, creed or religion, migration, lack of self-consciousness and non-permanent workers causes lack of enlightened workforce.

Question 79 (3 of 5 Based on Passage)

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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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