The Main Goal of the Knights of Labor Was To

question 48

Multiple Choice

The main goal of the Knights of Labor was to:

• A) promote world peace through the creation of a brotherhood and sisterhood of workers in all nations.
• B) gain political power and restructure the U.S. economy.
• C) form an organization that would protect the benefits of retired workers.
• D) promote a better public education system.

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Definitions:

Profit

The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Units

Refers to a standard quantity or measurement used for comparison and calculation, such as in physics or mathematics.

Month

A unit of time, approximately 30 days, used as a standard measurement for billing cycles, budgeting, and financial forecasting.

Variable Cost

Costs that vary directly with the level of production or output, such as materials and labor costs.