THE VIRGINIA DYNASTY 1801 1825
AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Free Enterprise System
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Knights of Labor
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AFL
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Captains of Industry
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Detailed explanation-1: -The Knights of Labor was a union founded in 1869. The Knights pressed for the eight-hour work day for laborers, and embraced a vision of a society in which workers, not capitalists, would own the industries in which they labored. The Knights also sought to end child labor and convict labor.
Detailed explanation-2: -Both fought for worker’s rights. The Knights represented everyone, while the AFL represented skilled workers.
Detailed explanation-3: -In a free enterprise system, individuals are free to produce and sell whatever they wish; they are also free to buy and use whatever they can afford. Individuals therefore enjoy the freedom of making their own economic decisions.
Detailed explanation-4: -About the FTC The FTC’s mission is protecting the public from deceptive or unfair business practices and from unfair methods of competition through law enforcement, advocacy, research, and education.