Which of the Following Statements Most Accurately Describes the Significance

question 130

Multiple Choice

Which of the following statements most accurately describes the significance of the 1892 strike in Homestead,Pennsylvania?

• A) The strikers' defeat spelled the end of future union organization by skilled industrial workers.
• B) Press scrutiny of the strike sent stock prices up for Carnegie Steel Company, suggesting that "all press is good press" for corporate owners.
• C) It demonstrated the enormous power of large corporations and reflected the belief of many working Americans that they were being denied economic independence and self-governance.
• D) Public outcry over the involvement of the state militia in crushing the strike prompted the resignation of Pennsylvania's governor.
• E) The outcome made Americans look more violent than their British counterparts.

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Definitions:

Unethical And Illegal Behavior

Actions that are morally wrong and prohibited by law, ranging from fraud and corruption to violations of human rights.

Paradox Of Voting

The situation where the individual incentive to vote (given the small chance of influencing the outcome) contrasts with the collective benefit of everyone voting.

Rent-Seeking Behavior

Rent-seeking behavior occurs when individuals or firms seek to increase their own wealth without contributing to productivity, often through political manipulation or monopolistic practices.

Government Policies

Actions and principles that a government follows or implements to achieve certain goals in the country's social, economic, and foreign affairs.