The Following Questions Refer to the Excerpt Below

question 44

Multiple Choice

The following questions refer to the excerpt below.
"As a group,workers faced severe limitations on their political influence. The conservative nature of the major parties,institutional discrimination against third parties,and ethnic divisions that made some workingmen Democrats and others Republicans all placed obstacles in front of even those most empowered workers,the white men possessing citizenship. Far more striking was the way America's political system victimized female…and African-American workers through disenfranchisement… These barriers extinguished any possibility that American workers could become a united political force during the Gilded Age."
Julie Green,Pure and Simple Politics: The American Federation of Labor and Political Activism,
1881-1917,1998
-Unionization efforts in the period from 1900 to 1920

• A) were met with hostility and led to attacks on those perceived as radical.
• B) vastly improved standards of living for workers.
• C) served to unite the objectives of business owners and their workers.
• D) influenced the nation's decision to enter World War I.

---

Definitions:

LIFO Inventory Method

An inventory costing method that assumes the last items put into inventory are the first ones taken out, used in calculating cost of goods sold.

Gross Profit

The difference between total sales revenue and the cost of goods sold, before deducting overheads, salaries, and other expenses.

Raw Materials Inventories

Represents the stock of basic inputs that have not yet been used in the manufacturing process.

Manufacturer

A business or company engaged in the production of goods for sale, using labor, machines, tools, and chemical or biological processing or formulation.