One of the Major Reasons the Knights of Labor Failed

question 127

Multiple Choice

One of the major reasons the Knights of Labor failed was its

• A) racial exclusiveness.
• B) support of skilled workers.
• C) failure to admit women to its ranks.
• D) abandonment of the concept of independent producers.
• E) lack of class consciousness.

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Definitions:

Apples

Edible fruits with a sweet taste and crisp texture, coming in many varieties and colors like red, green, and yellow.

Utility Function

A mathematical representation of a consumer's preference ordering over a set of goods or outcomes, showing the level of satisfaction or utility derived from each.

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods, leading consumers to substitute cheaper goods for more expensive ones.

Price

The amount of money expected, required, or given in payment for something, reflecting the value that consumers and sellers assign to a good or service.