[This is part of the series: The Complete Guide To Economics 101.]
In economics, what is a strike?
A Strike is when a union refuses to give labor to an employer.
It’s when employees demand better pay, or better wages, the demands are not met, and a group pf employees withdraws from work for a period of time.
This threat, along with preventing others from stepping in and doing their jobs, is the main recourse that a union wields.
