Strike insurance is a form of labor racketeering in which the union threatens a walkout and the employer pays to assure a steady supply of labor.

Question

Strike insurance is a form of labor racketeering in which the union threatens a walkout and the employer pays to assure a steady supply of labor.​

Quizplus · Accepted Answer

Strike insurance is a tactic used by unions to threaten the employer with a walkout in order to gain certain demands. The employer then pays the union a fee or agrees to certain terms to ensure that the labor supply remains stable. This can be seen as a form of labor racketeering or coercion.

Strike Insurance Is a Form of Labor Racketeering in Which