Chapter 14

Chapter 14

Multinational corporations- an organization that owns or controls the production of goods or services in one or more countries other than their home country.

Whipsawing- playing one labor group against the other.

European works councils- shop-floor" organization representing workers, which functions as local/firm-level complement to national labour negotiations.

North American Free Trade Agreement- an agreement signed by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America.

wage system -an industrial system in which free laborers are hired by capitalists to do a large part of the productive work of society as contrasted with slavery or serfdom on the one hand and small proprietorship on the other.

Enterprise unionism-the organization of a single trade union within one plant or multi plant enterprise rather than within a craft or industry.

Award systems- settles disputes and minimum wage.