It’s false that the US has seen a decline in labor unions since the 1930.
Unions became very strong and changed the way they operated from 1930 due to the Great Depression but the New Deal and the support of Roosevelt boosted the confidence of the unions. However, they started losing their significance starting from 1970s and 80s due to the increased globalized and international business operations that brought more competition and challenges to the corporations.
It’s true that the US is characterized by relative poverty more so than absolute poverty.
One of the most striking facts is that millions of people in the United States live in relative poverty which means that they receive half of the average national income. This would make it difficult for them to cope with the expensive market world thus, struggle hard to get decent food, shelter, education, healthcare etc.
Thank you for your question. Please rate if you like the answer.
The US has seen a decline in labor unions since the 1930. True False The US...
[9] According to the textbook, China's government has made labor unions illegal. [A] True [B] False [10] According to the textbook, state-controlled unions in China have traditionally wielded strong power, this is why China outlawed them. [A] True [B] False [11] According to the textbook, increasing protests and strikes across China are partly attributed to inflationary pressures. [A] True [B] False [12] According to the textbook, historically, the existence of unions in the West has been linked closely to improved...
How has the decline of labor unions led to the growth of income inequality in the Unisted States? How has this directly affected the middle class as well as less skilled or educated workers?
Generally, labor unions and government officials have been found to oppose tax increases True or False
Most capitalist countries have very little economic inequality. True False There has been an increase in extended family household over the last decade or so in the US True False Sociologists predict which of the following to be true for family life in the US in the future: divorce rates will remain high all of the above children's risk of poverty will increase both household partners/parents will have to work to financially support the family family life will be more...
Please select True or false and explain why true or false 1. Game theory is a useful tool only if every player has a “dominant strategy.” 2. Some technologies are characterized for using factors of production in fixed proportions. However, this cannot be captured by a Cobb Douglas production function. 3. A backward bending supply curve will generate two equilibria; one of them will be stable, while the other one will be unstable. 4. In a game, if both players...
There are more sole proprietorships in the US than there are corporations. True False
22. Which of the following contributed to the growth of hospitals from 1930 to 19801 a. the growth of managed care b.incresed use of skilled nursing care c.prospective payment system.d, technological advances 23. Even if I'm wealthy, I qualify for Medicaid if I'm over 65. (True or false) 24. Most mental health care in the U.S is delivered in the psychiatric hospital. (True or false) 25. if an insurance plan has a high deductible, the premium tends to be lower...
27. If the U.S. government takes the value of in-kind transfers into consideration, the U.S. poverty rate decreases. True False 29. The balance of payments is the domestic price of a foreign currency. True False 30. The inequality trap has a negative impact on human capital development. True False 31. According to Rostow's stages of economic development, poor nations must increase their farm productivity so that some workers can leave farming and move into other industries. True False 32. The...
True or False? Most of us are more afraid of acetone fingernail polish than being killed in a car accident.
True or false - 5. Since Jon Company has very little employee turnover, the company has received a very favorable merit rating. As a result, Jon Company should expect to pay substantial smaller amounts of FICA taxes than normal. Il deduction include CICA