To Keep the Strike Going or to End It? That Was the Question
Source: Council for Economic Education (EconEdLink) | Type: Lesson
According to the Merriam Webster's Collegiate Dictionary, tenth edition, the term "strike" is defined as a "temporary stoppage of activities to protest against an act or condition." This is what the NBA players union decided to do in July 1998. The term "lockout" is defined as "the withholding of employment by an employer and the whole or partial closing of his business establishment in order to gain concessions from or resist demands of employees." This is what the NBA owners decided to do. What transpired over a period of several months was one of the most interesting settlements in labor-movement history. What were the demands? Who were the winners? Who were the losers? What incentives drove the behavior of the players and the owners? Follow the links below and take notes in order to answer these questions.
Grades:
Concepts:
Standards:
Related Resources: