History of American Business
The Taft-Hartley Act, officially known as the Labor Management Relations Act of 1947, is a significant piece of legislation that restricts the activities and power of labor unions in the United States. It was enacted to balance the rights of union members with those of employers and to curtail union practices considered harmful to the economy and public welfare. The act is pivotal in the discussion of changing labor relations and the decline of union influence in post-World War II America.
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