Which Statement Accurately Describes Why the Federal Government Was Forced

question 78

Multiple Choice

Which statement accurately describes why the federal government was forced to consider the demands of unions more carefully during wartime than in the past?

• A) Declining immigration and the draft had made labor scarce and more important.
• B) Union workers returning from the service were better organized and armed.
• C) Unions were organized well enough to shut down the nation's economy to press their demands.
• D) Wartime inflation had diluted workers' wages, and without government support, a rebellion would have been likely.

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Definitions:

Hyperinflations

denotes extremely high and typically accelerating inflation rates, often resulting in the rapid erosion of the real value of the local currency.

Real Cost of Borrowing

The total expense of taking out a loan, including interest payments and any additional fees, adjusted for inflation.

Wealth Redistribution

The transfer of income, wealth, or property among individuals or groups, often implemented through policies by governments to improve economic equality.

Quantity Equation

An equation that relates the quantity of money in an economy to the nominal value of economic output, often used in monetary theory to predict inflation.