ECONOMICS
COMPETITION AND MARKET STRUCTURES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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strike
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picket
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boycott
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lockout
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Detailed explanation-1: -To boycott means to stop buying or using the goods or services of a certain company or country as a protest; the noun boycott is the protest itself. This noun comes from the name of Charles C. Boycott, an English land agent in 19th-century Ireland who refused to reduce rents for his tenant farmers.
Detailed explanation-2: -to refuse to buy a product or take part in an activity as a way of expressing strong disapproval: People were urged to boycott the country’s products. The union called on its members to boycott the meeting. Opposing & against.
Detailed explanation-3: -: to engage in a concerted refusal to have dealings with (as a store, business, or organization) usually to express disapproval or to force acceptance of certain conditions see also primary boycott, secondary boycott.
Detailed explanation-4: -Britannica Dictionary definition of BOYCOTT. [+ object] : to refuse to buy, use, or participate in (something) as a way of protesting. plans to boycott American products. They boycotted the city’s bus system.
Detailed explanation-5: -The word is named after Captain Charles Boycott, agent of an absentee landlord in Ireland, against whom the tactic was successfully employed after a suggestion by Irish nationalist leader Charles Stewart Parnell and his Irish Land League in 1880.