Which Event Led to the End of the Pullman Strike

question 22

Multiple Choice

Which event led to the end of the Pullman strike of 1893?

• A) The courts issued an injunction leading to the imprisonment of Eugene Debs.
• B) Eugene Debs decided to demonstrate his power by capitulating to management.
• C) The army immediately forced the strikers to abandon their demands.
• D) George Pullman announced his willingness to negotiate with the American Railway Union.

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Definitions:

Economic Efficiency

An arrangement whereby resources are utilized in the most efficient way to increase the output of goods and services at the minimum possible cost.

Monopoly Power

The ability of a single entity or company to control or dominate a particular market, often leading to higher prices and reduced competition.

Oligopolists

Firms or entities within an industry where a small number control the majority of the market share, often leading to limited competition.

Highest Profit

The maximum financial gain that can be achieved from business activities after subtracting all relevant costs and expenses.