How Did the End of World War I Affect Labor

question 44

Multiple Choice

How did the end of World War I affect labor relations in the United States?

• A) Employers withdrew recognition of labor unions as government controls on industry came to an end.
• B) Following anti-immigrant suppression of labor unions during the war, organized labor faced greater economic and social opportunities after the war.
• C) The high wages of the war years had made workers complacent and reluctant to go on strike for more important civil rights.
• D) The national economy continued to thrive after the war ended and strengthened ties between employers and labor unions.

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Definitions:

Domestic Investment

The total capital expenditures for the acquisition, maintenance, or improvement of physical assets within a country's borders.

Net Capital Outflow

The difference between the domestic country's sale of assets to foreigners and the domestic purchases of foreign assets over a given period, usually indicating how much a country is investing abroad compared to foreign investments in the country.

Government Budget Deficit

A situation where a government spends more money than it receives in revenue over a particular period, often leading to the accumulation of debt.

Real Exchange Rate

The rate at which the goods and services of one country can be exchanged for the goods and services of another, adjusted for inflation.