A Union That Pursued a Policy of Restricting Entry Over

question 28

Multiple Choice

A union that pursued a policy of restricting entry over time into the union would

• A) see real wages hold constant over time at whatever premium they could get initially.
• B) also have to negotiate to be sure that all the members were able to find jobs.
• C) generate rising real wages for its membership over time as long as demand for union workers increased over time.
• D) fail to obtain benefits for their workers in excess of what the workers would get under open markets.

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Definitions:

Southern Republicans

Refers to members of the Republican Party in the Southern United States, especially significant during the Reconstruction era after the Civil War.

Reconstruction

The period after the Civil War in the United States, from 1865 to 1877, focused on the federal government's efforts to restore and rebuild the Southern states that had seceded and integrate African American slaves into society as free men and women.

Economic Essence

The core or fundamental aspect of an economy, typically referring to its main drivers such as industry, services, or technologies that determine economic health.

Political Agenda

A set of priorities or objectives set by politicians or political parties, often outlining proposed policies and goals.