ECONOMICS: UNIT 4 REVIEW "Employment, Labor, & Wages"

The first attempt to organize labor was in 1778 with the printers in New York City.

• True
• False

The Fair Labor Standards Act

• established a federal minimum wage.
• prevented courts from issuing injunctions against unions engaged in peaceful strikes.
• made it illegal to prosecute unions under the Sherman Antitrust Act.
• established the right of unions to collective bargaining.

Unions helped workers gain higher pay, job security, better hours, and improved working conditions

• True
• False

The United Auto Workers Union is an example of which type of Union?

• Company Union
• Trade Union
• Industrial Union
• Craft Union

The National Labor Relations Act

• established a federal minimum wage.
• prevented courts from issuing injunctions against unions engaged in peaceful strikes.
• established the right of unions to collective bargaining.
• made it illegal to prosecute unions under the Sherman Antitrust Act.

In the early part of the Labor Movement, courts held a favorable attitude towards unions.

• True
• False

When labor and management ask a third party to collect information about a dispute and present nonbinding recommendations, they are using

• arbitration
• collective bargaining
• mediation
• fact-finding

What is the name of a Union made up of workers in a particular industry? 

• company unions
• industrial unions
• craft unions
• trade unions

Workers would strike, picket, and even boycott if employers did not meet agreements.

• True
• False

Which of the following prohibits wage and salary discrimination for jobs that require equivalent skills and responsibilities?

• Equal Pay Act
• Taft-Hartley Act
• Fair Labor Standards Act
• Sherman Antitrust Act