The Knights of Labor Declined for All the Following Reasons

question 17

Multiple Choice

The Knights of Labor declined for all the following reasons EXCEPT:

• A) popular fears that the organization was too radical
• B) its leader Terrance Powderly died
• C) the Haymarket affair discredited the union
• D) its leadership was devoted more to reform than to the nuts and bolts of organization
• E) their preoccupation with local politics

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Definitions:

Base Year

A reference year used in economic index calculations, price comparisons, and economic data to account for the effects of inflation.

Unreported Income

Earnings not declared to tax authorities, often to evade taxation; part of the informal or shadow economy.

GNP

Gross National Product is the total dollar value of all goods and services produced over a specific time period by the nationals of a country, regardless of where the production takes place.

GDP

Gross Domestic Product; the total value of all goods and services produced over a specific time period within a country.