Question : In the context of workers' movements, the term "collective bargaining" refers to:
Option 1: The process of negotiating wages and working conditions between employers and a group of employees
Option 2: The collective decision-making process within a workers' cooperative
Option 3: The strategy of pooling resources among workers to invest in business ventures
Option 4: The collective action taken by workers to demand political reforms
Correct Answer: The process of negotiating wages and working conditions between employers and a group of employees
Solution : "Collective bargaining" refers to the process of negotiating wages and working conditions between employers and a group of employees, typically represented by a trade union, to reach a mutually agreed-upon contract.
