Why Was There a Growth of Craft Unions During the Civil

question 74

Multiple Choice

Why was there a growth of craft unions during the Civil War?

• A) The end of slavery flooded the labor market with workers.
• B) The war sparked an increased demand for skilled labor.
• C) Unskilled laborers were constitutionally prohibited from unionizing.
• D) Craft unions would not have to admit the freedmen.
• E) The American education system expanded dramatically during that period.

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Definitions:

Profit Growth

An increase in the financial gain that results from the difference between a business's revenue and its expenses.

Retail Life Cycle

The process of growth, maturity, and decline that retail shops or formats go through, similar to product life cycles, reflecting changes in customer preferences and market dynamics.

Market Share

The segment of the marketplace dominated by a specific company or product, frequently measured as a share of the overall sales within that market.

Start-Up Costs

The initial expenses required to establish a new business, including but not limited to licensing fees, equipment, and marketing.