What Was a Major Change Brought About by the National

question 25

Multiple Choice

What was a major change brought about by the National Labor Relations Act of 1935?

• A)It established the national minimum wage.
• B)It broke up business monopolies in order to give workers more choice in employer.
• C)Workers were given the right to bargain collectively.
• D)It eliminated the ability of companies to bargain directly with unions.
• E)It reduced the ability of workers to go on strike indefinitely.

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Definitions:

Certificate of Deposit

A savings certificate with a fixed maturity date and specified fixed interest rate that is issued by a bank and is insured by the Federal Deposit Insurance Corporation (FDIC).

Promissory Note

A written promise to pay a specified amount of money to a designated person or entity by a certain date or on demand.

Maker

The individual or entity that creates or signs a negotiable instrument, committing to pay the specified sum to the holder.

Negotiable

Capable of being transferred or converted into cash or equivalent value, often used in reference to financial instruments.