I don't think you understand strikes.
When a company and the union leaders meet to discuss a new contract, they try to compromise to come to a reasonable and fair agreement. However, sometimes one or both parties refuse to give in on issues that are very important to the parties. The only weapon that unions can use to strike. That means that the workers refuse to work. To call attention to their grievances they also demonstrate in front of the factory or office building or store.
What is the significance of strike?
I am unsure of the answer to this question, but I think it would be... strike is significant because stopped workers to demand better working conditions.
Am I correct?
4 answers
Oh, alright. So then, a strike is significant because it is the workers' way of refusing to work?
The workers want to work. But they don't want the owners to take advantage of them. Sometimes it seems as though a strike is the only way to get the management to be fair to the workers.
Financially, the idea is this; If the workers stop working, the company cant make products, or money from the sale of products. Eventually the company will give in to the demands of the workers, or run out of money and close. The workers do not want to close, or even hurt the company, as it provides them money too, they just need conditions to improve.