The AFL Originally Was a Federation of Craft Unions That

question 14

Multiple Choice

The AFL originally was a federation of craft unions that did not attempt to organize industrial unions. The main reason for this strategy was that

• A) industrial unions were illegal until the passage of the Taft-Hartley Act in 1947.
• B) the leaders of the AFL believed that the skilled workers represented by craft unions would have better bargaining power than unskilled workers.
• C) craft unions had more political clout than industrial unions.
• D) most industrial unions had supported the Knights of Labor in a dispute with the AFL during the 1880s.

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Definitions:

Initial Endowment

The initial quantity of goods, resources, or wealth that an individual or entity possesses at the start of a period or game.

Pareto Optimal

A distribution of resources from which it is impossible to reallocate in order to make any individual better off without making at least one individual worse off.

Initial Endowment

The initial quantity of assets, goods, or resources that an agent or economy possesses at the start of a period.

Competitive Equilibrium

A state in a market where supply equals demand, and no participant has the ability to influence prices.