Which of the following is an outcome of the decree system?
A) increase in nonunionized workplaces
B) decrease in management power
C) poor economic performance over time
D) greater labour market stability

Question

Quizplus · Accepted Answer

The decree system was put in place in several European countries to ensure greater labour market stability by setting minimum wages and working conditions. This led to better working conditions and wages for workers, which in turn led to greater stability in the labour market.

Which of the Following Is an Outcome of the Decree