Labor Unions Lost Members in the 1920s for All of the Following

question 4

Multiple Choice

Labor unions lost members in the 1920s for all of the following reasons EXCEPT:

• A) companies supported propaganda campaigns that linked unions with socialism.
• B) companies began to adopt a program of "welfare capitalism."
• C) labor unions were tarnished by the 1919 labor upsurge.
• D) some corporations began to provide employees with pensions and medical insurance.
• E) through collective bargaining, labor unions had secured a national eight-hour day.

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Definitions:

Perfectly Inelastic

A market condition where demand or supply does not change in response to price changes, represented by a vertical line on a graph.

Tax

A financial charge or other levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures.

Tax Revenue

Money collected by governments through the imposition of taxes.

Widgets

A generic term often used to refer to any product, especially a hypothetical one used for economic or teaching purposes.