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Marysya12 [62]
3 years ago
9

Why were there so many strikes between the 1870s and the 1890s?

History
1 answer:
Aleks04 [339]3 years ago
8 0

Answer:

There were so many strikes between 1870s and 1890s because workers' wages, hours of labour and working conditions were being contested for between the employers and the Union.

Explanation:

There were so many strikes between 1870s and 1890s because workers' wages, hours of labour and working conditions were being contested for between the employers and the Union.

During this period, some of the strikes includes the following:

1. The Homestead strike 1892

2. The Pullman strike 1894

3. Anthracite Coal strike 1902

This period is also known as Gilded Age.

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Answer:

Monopolies are bad for the economy because lack of competition allows a few to set prices, stagnate competition.

Explanation:

How did the rich take advantage:

The rich had ready capital to either buy out smaller competitors or drive them out with undercut prices until the competitor failed, then prices to consumer went back up even higher.

It happened in the early industrial revolution:  Rockefeller/Standard Oil,

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Still going on today, especially in the tech arena.

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We need to be responsible, situationally aware consumers.

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