Labor – Flashcards

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question
What is the minimum wage?
answer
the lowest hourly pay that workers can receive
question
Which workers are most likely to be in demand in the future?
answer
those with high tech skills
question
One argument in favor of labor unions is that they
answer
give workers job security
question
What event had an enormous effect on US workplace safety?
answer
a deadly factory fire
question
Why must the government consider companies' needs as well as those of workers?
answer
Regulations can be costly and may drive companies out of business.
question
What does the author believe about factory owners?
answer
they are greedy and selfish
question
What is one benefit for US workers who have a college degree rather than a high school diploma?
answer
Those with a college degree earn nearly twice as much as those without college.
question
What is the most likely reason why many of the New York Factory Investigating Commission's suggestions were not implemented immediately?
answer
Factory owners resisted the suggestions because they would be costly to implement.
question
If union contracts raise wages above competitive levels, what might be one negative outcome?
answer
Companies will move overseas to escape unions and hire cheaper labor.
question
In the year 2013, which of these fields has the largest percentage of workers?
answer
education and health care
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