Populists and Labor Unions Charged That There Was a Conspiracy

question 13

Multiple Choice

Populists and labor unions charged that there was a conspiracy between the government and big business because the federal courts

• A) declared an income tax unconstitutional.
• B) issued an injunction against the Pullman strikers.
• C) ruled the coinage of silver money unconstitutional.
• D) upheld campaign laws that benefited the two major parties.
• E) restricted the civil liberties of Populist and union organizers.

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Definitions:

Availability Heuristic

A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.

Sunk Cost

A past expense that has already been incurred and cannot be recovered, which should not influence ongoing or future decisions.

Kahneman and Tversky

Psychologists known for their work on the psychology of judgment and decision-making, as well as behavioral economics.

Image Theory

A theory in decision-making research which suggests individuals make decisions based on their internal values (principles), plans (projects), and beliefs about potential outcomes (prospects).