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enot [183]
2 years ago
5

The Homestead Strike of the Iron and Steel workers in Homestead, PA is representative of the struggle in the late 1800's between

worker control over their own working conditions and management's right to unilaterally establish working conditions.A. TrueB. False
Business
1 answer:
denpristay [2]2 years ago
6 0

Answer:

A) True

Explanation:

The Homestead strike was a combination of both a company lockout (the company didn't allow workers to work) and a union strike (where the workers did't want to work). It was a power struggle between one of the darkest and sinister monopolists of the 19th century, Carnegie Steel (led by Andrew Carnegie) and the most powerful workers' union in America, the Amalgamated Association of Iron and Steel Workers.

In 1889 the union won, but Carnegie wanted revenge, so in 1892, he demanded harsher conditions after the initial contract was over and when the union said no, a lockout started. It was bloody and messy, with 16 dead. Carnegie's private army of 300 guards faced 10,000 strikers and things turned ugly soon. The Pinkertons (Carnegie's troops) were "defeated" but too many lives were lost.

Since Carnegie's little was defeated, he asked a bigger fish to help him and the governor sent 8,000 soldiers to arrest any union striker that opposed Carnegie. Finally, Carnegie's millions and corrupt politicians won, and the workers were forced to accept lower wages and more working hours. Those who rejected the forced deal were sent to prison.

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nexus9112 [7]

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5 0
3 years ago
Read 2 more answers
15) You are
Bingel [31]

Answer:

Only going to dept for things you really need and have planned for

6 0
1 year ago
2. There is no way to resolve the conflict between commercial business goals and those of social innovation. True or False?
iogann1982 [59]

There is no way to resolve the conflict between commercial business goals and those of social innovation. Social innovation follows a different process to more commercial forms of innovation. Whilst empathy and a need for social justice may be necessary attributes of a social entrepreneur, they are not sufficient. so true.

8 0
2 years ago
When appreciated property is distributed in a nonliquidating distribution, the net effect on the distributing corporation's E&am
lys-0071 [83]

Answer:

True

Explanation:

"Nonliquidating corporate distributions are distributions of cash and/or property by a continuing corporation to its shareholders. At the shareholder level, a nonliquidating corporate distribution can produce a variety of tax consequences, including taxable dividend treatment, capital gain or loss, or a reduction in stock basis. [...]

The corporate-level tax consequences of a nonliquidating corporate distribution depend on whether the distribution consists of cash or property (other than cash). The corporation does not recognize gain or loss when it distributes cash to shareholders or when it redeems stock in exchange for cash payments."

Reference: Ellentuck, Albert  B. “Understanding the Effects of Nonliquidating Distributions on Corporations.” The Tax Adviser, 1 Jan. 2009

8 0
3 years ago
Lee, Inc. acquired 30% of Polk Corp.'s voting stock on January 1, Year 1 for $100,000. During Year 1, Polk earned $40,000 and pa
KiRa [710]

Answer:

$7,500

Explanation:

Lee, Inc. acquired 30% of Polk Corp.'s voting stock on January 1, Year 1 for $100,000.

During Year 1, Polk earned $40,000 and paid dividends of $25,000.

Therefore Lee's dividend income = 0.3 x 25,000 = $7,500

Before income taxes, the amount that Lee should include in its Year 1 Income Statement as a result of the investment will be the dividend earned in year 1 which is $7,500

5 0
3 years ago
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