A group of workers who collectively bargain with employers for higher wages and better working conditions is called a

Question

Quizplus · Accepted Answer

A labor union is a group of workers who come together to negotiate with employers on behalf of their members for better wages, benefits, and working conditions. Labor unions have the power to collectively bargain with employers, giving workers more leverage in negotiations than they would have on their own. Labor monopsony refers to a situation where there is only one employer in a given labor market, which can lead to lower wages and reduced job opportunities for workers. A labor collective is not a commonly used term in labor relations, and a closed shop refers to a workplace that only hires unionized workers.

A Group of Workers Who Collectively Bargain with Employers for Higher