USA HISTORY

THE VIRGINIA DYNASTY 1801 1825

AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Low wages, unsafe working conditions, long workinghours, and unequal distribution of wealth were allcontributing factors to the growth of ____
A
railroads
B
immigration
C
labor unions
D
entrepreneurs
Explanation: 

Detailed explanation-1: -Some of key factors behind the increase in within-country income inequality noted in the literature include technological progress, globalization, commodity price cycles, and domestic economic policies such as redistributive fiscal policies, labor and product market policies.

Detailed explanation-2: -Contents. The labor movement in the United States grew out of the need to protect the common interest of workers. For those in the industrial sector, organized labor unions fought for better wages, reasonable hours and safer working conditions.

Detailed explanation-3: -The factors affecting trade union are union’s strikes, arbitration, job stability, solidarity, decision making, organizational context, union wages situation, minority, conformity, competition and conflict, leadership.

Detailed explanation-4: -Inequality in individual labour income among the working-age population is driven by three key factors: i) the dispersion of hourly earnings among those who have a full-time job; ii) the dispersion of hours worked; and iii) the non-employment rate.

There is 1 question to complete.