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AssignmentMultiple Choice

The Time Value of Money

Question 1 • 11011de2 CONNECTED Fall 2026 NM-US History and Geography S2

What was the general effect of the Fair Labor Standards Act of 1938?

Answer
A
To protect the rights and wages of employees
B
To protect the rights and interests of business
C
To protect the rights and wages of child laborers
D
To protect the interests and principles of capitalism

Explanation

The Fair Labor Standards Act of 1938 set federal standards for minimum wages and overtime pay, and restricted child labor. Its general effect was to protect employees’ rights and wages. Choice A best summarizes the law; choice C is too narrow because the act protected workers broadly, not only child laborers.

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