Union Membership Declined During the 1920s Due to

question 19

Multiple Choice

Union membership declined during the 1920s due to

• A) the growth of the service sector.
• B) increased use of high-tech, labor-saving devices in the manufacturing sector.
• C) firms' use of "yellow-dog" contracts.
• D) poor union leadership.
• E) All of the above.

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Definitions:

Multinational Corporation

A large company that operates and has assets in more than one country, often managing production or delivering services in various international locations.

Host Country

The country in which a multinational company operates a facility outside of where its headquarters are located.

Keiretsu

A group of Japanese manufacturers, suppliers, and finance firms with common interests.

Industry Alliances

Collaborative arrangements between companies in the same industry, aimed at enhancing competitive advantage, sharing resources, or achieving common goals.