How Did the Passage of the National Labor Relations Act

question 15

Short Answer

How did the passage of the National Labor Relations Act in 1935 advance the cause of unionism?

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Definitions:

Convertible Bonds

Convertible bonds are fixed-income debt securities that can be converted into a predetermined number of the issuer's equity shares at certain times during their life, usually at the discretion of the bondholder.

Diluted Earnings Per Share

A financial metric that calculates the quality of a company's earnings per share if all convertible securities were exercised.

Stock Dividend

A stock dividend is a distribution of additional shares to shareholders, proportionate to their existing holdings, instead of cash.

Liabilities

Financial obligations or debts that a company owes to others, which must be paid back.