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Valeria Escalona
on Oct 12, 2024

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Company towns are

A) monopolies.
B) monopsonies.
C) towns named after companies.
D) adjacent towns.

Company Towns

Communities where all stores and housing are owned by the one company that is also the main employer, often seen in remote locations or during certain historical periods.

Monopsonies

Market situations in which a single buyer substantially controls the market as the major purchaser of goods and services offered by many would-be sellers.

  • Ascertain the challenges labor unions face within the current workplace landscape.
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Melissa PeddieOct 18, 2024
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