Share This Article:

Economic Definition of industrial union. Defined.

Offline Version: PDF

Term industrial union Definition: A labor union composed of workers in the same industry, often for several different firms, but no necessarily in the same occupation. Common examples of industrial unions represent workers in the automobile, steel, and textile industries. Industrial unions generally exert market control by establishing minimum wages paid to their members. The Congress of Industrial Organizations (CIO) began as a collection of industrial unions.


« industrial organization | industry »


Alphabetical Reference to Over 2,000 Economic Terms