Day 2 Part 2 Questions

If you have a monopoly, then you own the entire what?

• Industry

• Product Market

• Means of Production

• All of these are correct

Why dont you just simply give money to the poor, while practicing philanthropy?

• The poor will misuse money, so give them what they need to be sure they have it.

• You want to write it off on your taxes that you donated.

• They dont need your hard earned money.

• No one practices Philanthropy, its a scam.

What law did the government pass, that tried to stop the establishment of Monopolies... it failed miserably.

• The Anti-Monopoly Act

• The Sherman Anti-Trust Act

• The Roosevelt Corrolary

• The Rockefeller Relief Act

As a labor union, you get your strength from what?

• Numbers, the more people the better

• Money, the more money the better

• Community, the more politicians the better

• Bosses, the more managers on board the better

Labor Unions are fighting for these three things:

• Better Pay

• Better Hours

• Better Conditions

• Better workers

• Better Bosses

As a working class family, who has to work to make sure your family is getting by in the world?

• Your mother

• You

• Your father

• Your sister

• Everyone

The idea that, because you were involved in a union, showed you hated people in America making money and you wanted everyone to share without working hard is known as what?

• Socialism

• Capitalism

• Social Darwinism

• Unionism

As a union member, you could fight your bosses 1 of 2 ways.

1. 1. You flat out do not come to work, this is called a ​ (a)  

2. 2. You come to work, and then you all proceed to leave during a ​ (b)  

• Strike
• Walkout
• Protest
• Negotiation
• Discussion

Bosses and workers would rather not deal with no one working, because no one is making money at that point. These are the two ways that they could negotiate contracts.

• Yellow Dog Contracts

• Collective Bargaining Agreement

• 3rd Party Arbitration

• Strike vs Lockout Policy

If bosses felt the need to stick it to the workers, these are the 4 ways that they would deal with the Unions trying to fight them.​ ​ (a)   ​ ​ (b)   ​ (c)   ​ (d)  

• Yellow Dog Contracts
• Blacklists
• Lockouts
• Scabs
• Employee of the Month Programs
• Team Building Retreats
• Flexible Work Hours