When Confronted with Strikes in the Coal and Railroad Industries

question 59

Multiple Choice

When confronted with strikes in the coal and railroad industries in 1946, President Truman's response was to

• A) declare martial law.
• B) temporarily seize those industries.
• C) assert that the government had no role in labor-management disputes.
• D) break the strikes through the intervention of unemployed veterans.
• E) freeze transportation and energy prices.

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Definitions:

Quarterly Dividend

A payment made by a corporation to its shareholders, typically every three months, as a distribution of profits.

Shares

Units of ownership interest in a corporation or financial asset, representing a portion of a company's equity capital.

Quarterly Dividends

Payments made by a corporation to its shareholders, usually on a quarterly basis, from its profits or reserves.

Capital Gains

The profit from the sale of assets or investments when the selling price exceeds the original purchase price.