Why Did Workers Turn to Labor Unions as an Instrument

question 42

Multiple Choice

Why did workers turn to labor unions as an instrument for addressing their grievances?

• A) Skilled workers were angry about the decline in their status in the economic and social order.
• B) Immigrants had a long tradition of participating in workers' organizations in Europe.
• C) Both skilled and unskilled workers believed they had no other chance at economic advancement.
• D) The courts promoted labor unions as the proper instrument for protesting business practices.

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Definitions:

Aggregate Demand

The holistic demand for goods and services throughout an economy, estimated at a predetermined price level over a particular period.

Active Approach

A proactive strategy in management or policy-making that involves taking deliberate actions to achieve specific goals.

Aggregate Supply

The sum total of products and services that corporations in an economic system plan to offer for sale during a given time frame.

Recessionary Gap

A situation where an economy's real GDP is lower than its potential GDP, leading to unemployment and underutilized resources.