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Labor

Chapter 17 - Brinkley 13th edition

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ChApTEr SevEnTeEn Labor Unions Knights of Labor Union Founded by U. Steven Made popular by Terrence Powderly Principles: Women, blacks and unskilled workers were allowed to participate; ?all-encompassing? Associated with violent acts, Haymarket Square Bombing led to the demise of the party Haymarket bombing caused rise in nativist sentiments because of allegations against two immigrants having plotted the bombing ?Molly Maguires? Highly militant, secret organization Operated in coal mining districts of Pennsylvania Organized primarily among Irish laborers Operated within Ancient Order of Hibernians American Federation of Labor (AFL) Organized among white, skilled workers Founded by Samuel F. Gompers Goals/Principles Remove women from the work force

Chapter 24 Test

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Chapter 24 Mark the one best answer for each of the following questions. 38. When private railroad promoters asked the United States government for subsidies to build their railroads, they gave all of the following reasons for their request except that it was a. too risky without government help. b. too costly without government help. c. too costly to move people in some areas without government help. d. too unprofitable in some areas without government help. e. impossible to serve military and postal needs without government help. 39. During the Gilded Age, most of the railroad barons a. rejected government assistance. b. built their railroads with government assistance. c. relied exclusively on Chinese labor. d. refused to get involved in politics.

American Pagent Chapter 4 Rough Notes

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? ? ? ? ? ? ? ? Ben Nichols? ? ? ? ? ? ? ? ? AP History Notes? ? ? ? ? ? ? ? ? Chapter 4?? ~1/2 the people that were born in the new world died before they were 12? ~Angry men (Bacon) overthrew Berkley and his monopoly? ~Slavery put many people out of business in Virginia? ~Freed slaves could own other slaves up to a point? ~Slaves brought words into English language? ~New England industries had an easier time than southern farmers? ~Northern families did much better at staying alive? ~Southern women were able to keep land and a title where Northern women were not? ~Harvard is the oldest corporation in the US? ~Most children were required an elementary education in the North? ~The witchcraft hysteria ended in 1693

Krugman AP Macroeconomics Module 18

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Module 18: Aggregate Supply -How the aggregate supply curve illustrates the relationship between the aggregate price level and the quantity of aggregate output supplied in the economy -What factors can shift the aggregate supply curve -Why the aggregate supply curve is different in the short run from in the long run ? Aggregate Supply Aggregate Supply Curve: relationship between the aggregate price level and the quantity of aggregate output supplied in the economy The Short-Run Aggregate Supply Curve: relationship between the aggregate price level and the quantity of aggregate output supplied that exists in the short run Rise in the aggregate price level = rise in the quantity of aggregate output supplied

Krugman AP Macroeconomics Chapter 13

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Chapter 13: The Causes and Categories of Unemployment ? -The three different types of unemployment and their causes -The factors that determine the natural rate of unemployment ? 1. Frictional Unemployment: unemployment due to the time workers spend in job search Somewhat inevitable- frictional unemployment doesn?t mean that there is a surplus of labor Constant process of job creation and job destruction New workers are always entering the labor market Limited amount is relatively harmless and may be a good thing Short duration of unemployment Job search: Workers who spend time looking for employment/ if all workers and all jobs were alike job search wouldn?t be necessary 2. Structural Unemployment:

Krugman AP Macroeconomics Chapter 12

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Chapter 12: The Meaning and Calculation of Unemployment ? -How unemployment is measured -How the unemployment rate is calculated -The significance of the unemployment rate for the economy -The relationship between the unemployment rate and economic growth ? Employed: people who currently hold a job in the economy, either full time or part time/ only if you have a job Unemployed: people who are actively looking for work but aren?t currently employed Limitations: Retired people Disabled Hasn?t actively searched for a Job in the last 4 weeks Discouraged workers Marginally attached workers Underemployed U.S. Census Bureau monthly survey called the Current Population Survey: interviewing a random sample of 60,000 American families

Krugman AP Macroeconomics Chapter 13

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Chapter 13: The Causes and Categories of Unemployment ? -The three different types of unemployment and their causes -The factors that determine the natural rate of unemployment ? 1. Frictional Unemployment: unemployment due to the time workers spend in job search Somewhat inevitable- frictional unemployment doesn?t mean that there is a surplus of labor Constant process of job creation and job destruction New workers are always entering the labor market Limited amount is relatively harmless and may be a good thing Short duration of unemployment Job search: Workers who spend time looking for employment/ if all workers and all jobs were alike job search wouldn?t be necessary 2. Structural Unemployment:

Krugman AP Macroeconomics Chapter 12

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Chapter 12: The Meaning and Calculation of Unemployment ? -How unemployment is measured -How the unemployment rate is calculated -The significance of the unemployment rate for the economy -The relationship between the unemployment rate and economic growth ? Employed: people who currently hold a job in the economy, either full time or part time/ only if you have a job Unemployed: people who are actively looking for work but aren?t currently employed Limitations: Retired people Disabled Hasn?t actively searched for a Job in the last 4 weeks Discouraged workers Marginally attached workers Underemployed U.S. Census Bureau monthly survey called the Current Population Survey: interviewing a random sample of 60,000 American families

Krugman AP Macro Economics Chapter 2

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Chapter 2: Module Introduction to Macroeconomics ? Business Cycle: differences between downturns and upturns in macroeconomic Depression: Deep and prolonged downturn (ex: great depression) Recession: shorter economic downturns where output and employment are dropping (ex: state of the US now) Expansion: upturn where output and employment are rising Employment/Unemployment Employment: total number of people working for pay, rises in good economy Unemployment: total number of people who aren?t employed, rises in bad economy Labor Force: A country?s sum of employment and unemployment Unemployment Rate: percentage of labor force/people in country who are unemployed Aggregate Output Output: quantity of goods and services, decreases in bad economy

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