AnswersRS AZ-US History AMonopolies and Trusts

Cost Benefit Analysis Answers

9 verified answers1 views
1
Free Preview

According to the scenario, what decision do you need to make?

A
whether children should be in school or working in industries
B
whether children should be paid less than adults as industrial workers
C
whether child labor should be legal in the United States
D
whether children should have benefits as workers
43228
Free Preview

Question text not available

Answers:
According to the chart, the total amount earned by a child working in a factory was per week (working six days per week).:$12.00
According to the chart, the total amount earned by an adult laborer working in a factory was per week (working six days per week).:$18.00
43229

$12.00$21.00✔ $18.00

A
$12.00
B
$21.00
C
✔ $18.00
43230

According to the chart, what are the benefits of using child laborers instead of adult laborers?

A
Child laborers are able to work longer hours than adults.
B
Child laborers are able to work more quickly than adults.
C
Child laborers cost less money for business owners.
D
Child laborers make the most money working on farms.
43231

What are the social and economic costs of continuing with child labor? Check all that apply.

A
Children cannot attend school.
B
Children may find it hard to improve their economic situation.
C
Children have fewer health issues.
D
Children working now can affect the US economy later.
E
Children are gaining important skills to use as adults.
43232

What is the effect of child labor on the US economy?

A
Children will have saved a great deal of money and can spend more later.
B
As adults, these children might struggle to improve their standard of living.
C
As adults, these children will have more marketable skills to improve society.
D
Children make less money than adults and therefore contribute less to the economy.
43233

What are the political benefits of continuing with child labor? Check all that apply.

A
It could help with my reelection.
B
It would keep the United States in competition with other countries.
C
It would help children gain valuable life skills.
D
It would help me gain money and support for the presidency.
E
It would have positive effects on the economy.
43234

In five to six sentences, use what you have learned to answer the following prompt.After analyzing the costs and benefits of continuing child labor or passing a bill that prohibits child labor, which option do you think is the wisest decision, and why?Be sure to include examples of economic, social, and political costs and benefits.

Answer:

Prohibiting child labor is the wisest decision because it ensures the long-term health and economic stability of a nation. While continuing child labor provides immediate economic benefits through cheap production and supplemental family income, the social costs are devastating, resulting in physical injury and a lack of education for children. Economically, child labor often depresses adult wages and prevents the development of a skilled workforce necessary for future growth. Politically, passing a bill to prohibit the practice improves a country’s international standing and aligns with modern human rights standards. Socially, ending child labor allows children to attend school, which eventually leads to higher social mobility and a stronger middle class. Ultimately, the long-term benefits of an educated and healthy population far outweigh the temporary economic advantages of exploiting young workers.

43235

$21.00✔ $12.00$18.00

Answers:
According to the chart, the total amount earned by a child working in a factory was per week (working six days per week).:$12.00
According to the chart, the total amount earned by an adult laborer working in a factory was per week (working six days per week).:$18.00

Did you find these answers helpful?