WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
SECOND INDUSTRIAL REVOLUTION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Union
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Industrialization
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Entrepreneur
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Corporation
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Detailed explanation-1: -According to the Center for Economic and Policy Research, young workers represented by unions earn higher wages and are more likely to have employer-provided health insurance and retirement benefits. Workers who are union members earn on average $1.3 million more over the course of their careers.
Detailed explanation-2: -Trade unions maintain and improve workers’ terms and conditions through bargaining with employers. Workers organized in trade unions benefit from higher wages-the so-called union wage premium. Union bargaining also results in a fringe benefits premium for covered workers. Trade unions reduce wage inequality.
Detailed explanation-3: -Labor union contracts create higher wage and benefit standards, working hours limits, workplace hazards protections, and other factors. Unions also promote well-being by encouraging democratic participation and a sense of community among workers.