The 1894 Pullman Strike

question 95

Multiple Choice

The 1894 Pullman Strike:

• A) ended with the arrival of Coxey's Army, a private security agency hired by George Pullman.
• B) crippled national rail service and triggered the arrest of union president, Eugene V. Debs.
• C) despite significant violence, resulted in a rare compromise between the American Railway Union and Pullman Sleeping Cars.
• D) received unexpected support from Attorney General Richard Olney, who believed in the rights of railroad workers to a fair wage.

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Definitions:

Marginal Physical Product

The extra yield obtained by employing an additional unit of a variable factor, while keeping all other factors unchanged.

Total Revenue Product

The total revenue generated from the sale of goods or services produced from a specific input or resource.

Wage Rate

The amount of money paid to a worker per unit of time, usually expressed per hour or year.

Wage Rate

The amount of money paid to an employee per unit of time worked, often expressed on an hourly basis.