Chapter 12, Problem 7AA

To determine

To choose: The word that best completes the given sentence.

Answer to Problem 7AA

The word that best completes the given sentence is Option (c) Regulate

Explanation of Solution

This act regulates the labor unions by prohibiting them from performing any unfair practices, such as political strikes, closed shops, secondary boycotts, etc so as to maintain the rights of the employers and the employees and maintain healthy relations between them.

No other option fits in the blank except ‘Regulate’ as it provides the sense of maintaining peaceful relations and avoiding any kind of unfair labor practices.

Economics Concept Introduction

Introduction:

Labor-management relations: This is an act passed by congress, known as The Labor Management Relations Act, 1947, also known as Taft-Hartley Act. This is a U.S Federal law which provides for the rules & regulations for the restrictions of the power and activities of labor unions.