If unions help workers secure pension benefits, so that those workers are less dependent on government social assistance after their retirement, then

Question

BlackTom AI · Accepted Answer

The question presents a scenario: if unions help workers secure pension benefits, leading to workers being less dependent on government social assistance after retirement, what does that imply?
Option 1: the union is economically beneficial. This line of reasoning makes sense because reducing reliance on government social assistance typically lowers public expenditure and can improve overall economic efficiency by easing fiscal pressures on the state, while still delivering benefits to workers through pensions. The outcome described aligns with a net positive effect on the economy from a socio-economic perspective.
Option 2: the union is economically harmful. This would claim that unions cause negative economic effects despite the described pension gains. However, the stated effect (lower government assistance dependence) counters this claim by suggesting cost savings for the public sector, which is opposite to the idea of harm in the economic sense.
Option 3: the for-profit unionized industries will be harmed. This statement attempts to draw a direct causal link between pension-oriented union benefits and negative outcomes for for-profit, unionized industries. The scenario does not provide evidence that such industries suffer; it instead indicates a societal benefit through reduced public spending, so the premise of harm to those industries is not supported by the given information.
Option 4: the for-profit unionized industries will be less productive. This option posits a productivity decline as a consequence of pension improvements. The scenario focuses on welfare and fiscal implications for retirement support, not on productivity metrics; thus, there is no basis here to claim reduced productivity from the described pension benefits.
In summary, Option 1 coherently reflects the described causal chain: enabling pension benefits reduces government social spending, which constitutes an economic benefit. The other options misinterpret the described relationship or introduce unsupported causal links regarding harm, industry performance, or productivity.

If unions help workers secure pension benefits, so that those workers are less dependent on government social assistance after their retirement, then

View Explanation

Log in for full answers

Similar Questions

Unions try to ensure that unionized employees receive similar wages and benefits across unionized organizations. What is the effect of this strategy?

Which statement best describes unionization rates in Canada over the past few decades?

Which of the following industries is the least likely to employ a unionized labor force?

Which of the following is most likely to have a large union membership that experiences little import competition?

The overall union density in Canada has gradually declined to about ____ percent in 2021.

On average, union members receive ___________ wages and benefits than non-union workers.

What are some possible negative economic consequences of unions in competitive markets? (Select all that apply)

In a consumer society, many adults channel creativity into buying things

More Practical Tools for Students Powered by AI Study Helper

Homework AI Solver

Stylized AI Paper Writer

Plagiarism Checker Assistant

Citation AI Academic Writing Tool

In-Class Translation Assistant

AI Note Generator

AI Quiz Answers

Past Exam Questions from University Test Bank

Smart Practice Assistant

Adaptive Practice

Making Your Study Simpler