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Essay

Industry Relations In Us

Essay specific features

 

Issue:

Social Issues

 

Written by:

Lillian P

 

Date added:

April 1, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 517

 

Was viewed:

7237 times

 

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Essay content:

A shift from individual to collective bargaining presents as a recession, involving declines in output and asset values, and increases in unemployment and real wages. The pro-union provisions of the Clayton Act of 1914 facilitated the rise of collective bargaining after World War I, leading to the asset price crash and recession of 1920-21...
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A series of tough anti-union Supreme Court decisions in late 1921 induced a shift back to individual bargaining, leading the economy out of the recession. This, coupled with the lax anti-trust enforcement of the Coolidge and Hoover administrations enabled a major rise in corporate profits and stock market valuations throughout the 1920s...
displayed 300 characters

General issues of this essay:
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