Robert Fogel's Estimate of the Total Benefits of the Railroad

question 1

Multiple Choice

Robert Fogel's estimate of the total benefits of the railroad in the transport of agricultural products,nonagricultural products,and passenger service is _____ percent of GNP in 1890.

• A)about 5
• B)about 40
• C)about 80
• D)about 120

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Definitions:

Union Avoidance

Strategies and practices employed by employers to discourage workers from joining or forming unions.

U.S. Labor Law

The body of laws, administrative rulings, and precedents governing the legal rights of, and restrictions on, workers and their organizations in the United States.

Democratic Procedures

Processes and methods that follow the principles of democracy, typically involving inclusive participation, equal voting rights, and majority rule in decision-making.

Amalgamated Union

A labor union formed from the combination of two or more unions, typically to strengthen their bargaining power.