THE ROARING 20S 1920 1929
AMERICAN ECONOMY IN THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What happened to union membership in the 1920s?
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increased substantially in response to worsening conditions
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merged into one super-union to better negotiate with businesses
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stayed relatively the same in terms of demographics over time
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decreased as public support for unions began to dwindle
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Explanation:
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: -With the labor movement weakened, union membership plunged in the 1920s from 5 million to 3 million. Business profits, meanwhile, soared. The decade saw an accumulation of wealth that harkened back to the Gilded Age.
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.
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