The U.S. Labor Movement Started

question 242

Multiple Choice

The U.S. labor movement started

• A) with local craft unions composed of workers who engaged in a particular trade or skill, such as baking, carpentry or plumbing.
• B) during the Civil War.
• C) after World War I.
• D) with the Knights of Labor, an organized group of both skilled and unskilled workers.

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Definitions:

Monthly Compounded

A method of calculating interest where the interest is added to the principal each month, resulting in interest earned on interest.

Nominal Rate

The stated interest rate of a bond or loan, not adjusted for inflation.

Compounded Annually

A method in which interest is calculated once per year and added to the total sum, affecting the principal for the next period.

Promissory Note

A promissory note is a financial instrument that contains a written promise by one party to pay another party a determinate sum of money either on demand or at a specified future date.