THE ROARING 20S 1920 1929
AMERICAN ECONOMY IN THE 1920S
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Dropped considerably
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Increased significantly
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Increased a little
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Was declared unconstitutional
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Detailed explanation-1: -Labor unions were declining as firms promoted company unions and provided increased benefits to workers under what was known as “welfare capitalism.” Strikes had declined after the post-World War I strike wave.
Detailed explanation-2: -Causes and consequences of decline in unionization Globalization, technological change, and employer concentration are commonly cited as key factors, eroding union power and increasing employers’ bargaining position relative to workers.
Detailed explanation-3: -Union membership grew exponentially as the Depression wore on. The Congress of Industrial Organizations (CIO), established in the 1930s, organized large numbers of Black workers into labor unions for the first time.
Detailed explanation-4: -Labor Movement Loses Appeal Most of the work force consisted of immigrants willing to work in poor conditions. The variety of languages made it hard for unions to organize the immigrant workers. Farmers who had migrated to cites to find factory jobs were used to relying on themselves.