The 1894 Pullman Strike Involved a Union Tactic That Is

question 50

Multiple Choice

The 1894 Pullman strike involved a union tactic that is now illegal.What was the tactic?

• A)Workers protested conditions in "Pullman Town."
• B)The American Railway Union undertook a secondary boycott.
• C)Pullman was a union shop.
• D)Collective bargaining took place.
• E)The union sought an injunction.

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Definitions:

Present Value

Today's valuation of money expected in the future or ongoing payments, as determined by a particular rate of gain.

Compound Interest

The accumulation of money that builds over time in an investment or interest-bearing account as new interest is earned on previous interest that is not withdrawn.

Time-Value

The idea that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.

Forgo

The act of giving up something, often as a sacrifice, in preference for something else considered to be of greater value.