Economic Policy: Influential Theories

Question 1

How were the earliest benefits of the Industrial Revolution distributed between factory owners and workers?

Revolt · Accepted Answer

C: Factory owners benefited greatly, while conditions for workers were poor.

Question 2

According to the chart, union membership peaked around .

Revolt · Accepted Answer

A: 1945

Question 3

The minimum wage reached $5 an hour in .

Revolt · Accepted Answer

B: 1997

Question 4

laws require businesses to pay workers at least a certain amount.

Revolt · Accepted Answer

A: Minimum wage

Question 5

Membership began steadily to after 1970.

Revolt · Accepted Answer

B: decline

Question 6

In 2000, about % of workers were members of a union.

Revolt · Accepted Answer

C: 12

Question 7

In 2009, the minimum wage reached about an hour.

Revolt · Accepted Answer

C: $7

Question 8

The federal agency responsible for overseeing workplace safety regulations is the Department of .

Revolt · Accepted Answer

C: Labor

Economic Policy: Influential Theories Answers