Over the Long Haul,trade Unions

question 51

Multiple Choice

Over the long haul,trade unions

• A) reduced the likelihood of a revolution by improving the lives of working people.
• B) dramatically increased the chances for a revolution through their ties to Marxian socialists.
• C) were completely unsuccessful in improving the conditions of the working class.
• D) stood out as the most radical critics of industrial society.
• E) fell under communist control.

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Definitions:

Flexible Spending Accounts

Tax-advantaged accounts that allow employees to save pre-tax dollars for eligible health care and dependent care expenses.

Defined-Benefit Plans

A type of pension plan where an employer promises a specified pension payment upon retirement, which is determined based on the employee’s earnings history, tenure of service, and age.

Workers' Compensation Insurance

Insurance that provides financial benefits and medical care to employees who are injured or become ill as a direct result of their job.

Experience Rating

The number of employees a company has laid off in the past and the cost of providing them with unemployment benefits.