In the Post-Bellum North,blacks Newly Arriving in Northern Cities Often

question 21

Multiple Choice

In the post-bellum North,blacks newly arriving in Northern cities often ended up as strikebreakers because:

• A) Poverty gave them little choice
• B) Blacks were paid more money than the striking whites had been paid
• C) Blacks were opposed to unions based on religious beliefs
• D) Hispanics and Native Americans were not willing to do this kind of work

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Definitions:

Economic Profit

The difference between total revenues and total costs, including both explicit and implicit costs.

Allocation of Resources

The process of distributing scarce resources among different uses and users.

Resource Use

The manner in which natural resources are exploited and utilized to meet human needs or economic applications.

Economic Profit

The difference between the total revenue generated by a business and the total costs, both explicit and implicit, including opportunity costs.