Unionized workers for the Public Service Electric and Gas Company in Long Island, New York, negotiated a contract with a no-layoff clause. What objective of unionization does this best illustrate?
A) Increased job security
B) Defined grievance procedures
C) Higher compensation
D) Improved work rules and working conditions
E) Power through solidarity
Question 2
Lita works for a real estate development company that builds office complexes and leases them to private businesses and nonprofit organizations. Although her company owns the land upon which it builds and has the right to profits from its activities, it often has to navigate a variety of regulations, permits, and taxes whenever it starts a new development. Lita's employer most likely operates in what kind of economy?
A) Planned
B) Mixed
C) Communist
D) Socialist
E) Laissez-Faire
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