Which of the Following Statements Is the Most Accurate Assessment

question 37

Multiple Choice

Which of the following statements is the most accurate assessment of the historical role of the AFL in the labor movement? In its early years the AFL:

• A) attracted a lot of public attention and political support because it was the first truly national labor organization in the United States.
• B) operated as one union, but soon split into two interdependent groups and became known as the AFL-CIO.
• C) was a federation of craft unions that championed basic labor issues.
• D) had limited success because it suffered from poor leadership.

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Definitions:

Transfer Ownership

The act of transferring the rights, title, and interest in property or assets from one party to another, usually through sale, gift, or inheritance.

Dividends

A share of profits distributed by a corporation to its shareholders, typically made as a fixed payment per share of stock.

Free Market Ethical Perspective

An ethical viewpoint that emphasizes the importance of allowing markets to operate without undue government interference, advocating for voluntary transactions and individual liberty.

Utilitarianism

A philosophical theory that posits the best action is the one that maximizes utility, typically defined as that which produces the greatest well-being of the greatest number of people.