In the 1940s and 1950s, About One-Third of U

question 248

True/False

In the 1940s and 1950s, about one-third of U.S. workers belonged to unions, but today, only about one-fifth of U.S. workers belong to unions.

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Definitions:

Financing Activities

Transactions and events where cash is raised for, or repaid to, shareholders and creditors, typically including issuing and redeeming bonds, shares, and making loan repayments.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments, not including cash equivalents.

Future Economic Benefit

An advantage or profitable impact expected to be achieved in future periods from an asset.

Assets

Resources owned or controlled by a business that are expected to produce economic value.