LABRST 1A03 Lecture Notes - Craft Unionism, Roaring Twenties, Golden Handcuffs

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8 Dec 2011

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Large scale strikes in larger strikes, biggest in vancouver & victoria. Workers walking off job to support others doing the same thing. Some strikes are lasting a lot longer than expected. Government begins to gather its forces & pushes harder against sympathy strikes & winnipeg itself. Legislative muscle- government goes to main employees in the city (postal workers) and tells them if they don"t go back to work the are fired. Police are fired & new people are hired. June 21 1919- strikers decide to hold a rally. Street cars are still running which is due to scab labour. A street car is rolling towards the strikers. They roll it over, police become involved & there is a riot. It is referred to bloody saturday because it is the beginning of the end of the strike. There are continuing arrests of the strike leaders.

Related Questions

1. Social Security and Medicare are clear examples of:
a. capitalism.
b. market-determined services.
c. market failures and externalities.
d. governmental intervention in the market.

2. "Second-hand" smoke, an often-cited disadvantage of allowing smoking in restaurants, is referred to in economics as a(n):
a. capital goods
b. externality.
c. economic cost.
d. negative investment.

3. Market failure means that:
a. the strike organized by unionized employees fails to achieve its goal.
b. too many outdated products are offered for sale in the local supermarket.
c. there is overallocation or underallocation of resources to certain economic activity.
d. an unexpectedly harsh winter shuts down a factory.

4. Of the following groups, who gains from rent controls?
a. landlords
b. construction workers and their union leaders
c. poor people who have a hard time earning enough income to pay high rents
d. high-income people who live in rent-controlled apartments

5. In the United States, the minimum wage is defined as
a. the wage that the youngest job entrant into the job market makes.
b. the lowest wage that a corporation should pay a worker if the corporation wants to ensure that its c.employees are well trained.
d. the lowest hourly wage rate a firm may legally pay its workers, as legislated by the U.S. government.
e. the wage ceiling above which a firm no longer must pay its employees additional benefits.

brownporcupine378

Consider how each of the following events is likely to affect realGDP? Do you think the change in real GDP reflects a similar changein economic well-being?
a. A hurricane in Florida forces Disney World to shut down for amonth.
b. The discovery of a new, easy-to-grow strain of wheat increasesfarm harvests.
c. Increased hostility between unions and management sparks a rashof strikes.
d. Firms throughout the economy experience falling demand, causingthem to lay off workers.
e. Congress passes new environmental laws that prohibit firms fromusing productions methods that emit large quantities ofpollution.
f. More high-school students drop out of school to take jobs mowinglawns.
g. Fathers around the country reduce their work-weeks to spend moretime with their children.

ceruleanturtle912

Question 1 (1 point) Right-to-work laws in individual states:

make it illegal to require union membership as a condition for continued employment.

were allowed by the Taft-Hartley Act of 1947.

make it illegal to run a "closed shop" in that state.

all of the above.

Question 2 (1 point) In the figure to the right, the wage rate that maximizes the total union member income earned is:

W2.

W1.

W3.

uncertain without more information.

Question 4 (1 point) An example of featherbedding would be:

a union trying to increase worker productivity.

a union trying to increase demand for union labor.

a union trying to increase demand for union-made products.

an act banned by the Taft-Hartley Act.

Question 5 (1 point) The Taft-Hartley Act of 1947 (the Labor Management Relations Act):

is the key legislative act that requires management to bargain with unions.

made certain union practices such as closed-shops illegal.

is the key legislative act that permits unions to organize and to strike.

is perceived by union leaders as the most important legislation enabling unions to improve the wages of their members.

Question 8 (1 point) In order to raise wages above the market level for its workers, a union must:

have monopsony power.

recruit better workers.

have the support of the government.

limit the supply of labor in an industry.

Question 9 (1 point) What are the effects of labor unions on wages and productivity?

Wages are lower for union members than non-union members because union dues are so high.

Productivity increases because the marginal factor cost is equated to the marginal revenue product of labor.

Wages are the same for union members and non-union members.

Productivity does not increase or decrease as the result of unions.

Wages are higher for union members than non-union members.

Productivity may decrease because of the way some collective bargaining rules specify how jobs should be done or productivity may increase due to reduced turnover.

Productivity increases due to reduced turnover or because of the way some collective bargaining rules specify how jobs should be done.

Question 10 (1 point) Under bilateral monopoly, the wage rate is:

indeterminate.

higher than the competitive wage rate.

equal to the competitive wage rate.

lower than the competitive wage rate.

LABRST 1A03 Lecture Notes - Craft Unionism, Roaring Twenties, Golden Handcuffs

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