Asked by Bianca Campbell on Jun 08, 2024
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Labor and employers agreed to a new "social contract" that included which of the following provisions?
A) Employers required the National Association of Manufacturers to accept unions.
B) Unions left decisions regarding worker organization in management's hands.
C) Unions left decisions regarding plant location in management's hands.
D) Employers implemented wage cuts.
E) Employers paid for workers' childcare expenses.
Social Contract
Agreement hammered out between labor and management in leading industries; called a new “social contract.” Unions signed long-term agreements that left decisions regarding capital investment, plant location, and output in management’s hands, and they agreed to try to prevent unauthorized “wildcat” strikes.
Childcare Expenses
Costs that parents or guardians incur in providing care for their children, especially during work hours, including daycare, nannies, and preschool services.
Wage Cuts
A reduction in the amount of money employees are paid for their work, often implemented by employers to reduce costs during economic downturns or financial struggles.
- Examine the economic expansion during the 1950s and its impact on the society of the United States.
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Learning Objectives
- Examine the economic expansion during the 1950s and its impact on the society of the United States.
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