Economic Policy: Influential Theories

Question 1

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

Revolt · Accepted Answer

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

Question 2

Membership began steadily to after 1970.

Revolt · Accepted Answer

decline

Question 3

According to the chart, union membership peaked around .

Revolt · Accepted Answer

1945

Question 4

The minimum wage reached $5 an hour in .

Revolt · Accepted Answer

1997

Question 5

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

Revolt · Accepted Answer

Minimum wage

Question 6

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

Revolt · Accepted Answer

12

Question 7

In 2009, the minimum wage reached about an hour.

Revolt · Accepted Answer

$7

Question 8

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

Revolt · Accepted Answer

Labor

Economic Policy: Influential Theories Answers