Explain the consequences of the New Deal that was created subsequent to the Great Depression
The Great Depression and the subsequent New Deal of President Franklin D. Roosevelt resulted in the enactment of the major federal employment and labor laws.
These statutes include:
• The Social Security Act (1935)
• The National Labor Relations Act (1935)
• The Walsh-Healy Act (1936)
• The Merchant Marine (Jones) Act (1936)
• The Fair Labor Standards Act (1938)
These laws continue to govern the fundamental features of the employment relationship and unionization even today
You might also like to view...
Which of the following does not fit into the sequence of experiences Anheuser-Busch had in Japan?
A) Anheuser-Busch first entered Japan by means of a licensing agreement with Suntory, the smallest brewery in Japan. B) Anheuser-Busch created a joint venture with Kirin Brewery, the market leader. C) Anheuser-Busch dissolved the joint venture with Kirin Brewery. D) Anheuser-Busch entered into a joint venture with Kirin Brewery. E) Anheuser-Busch reverted to a licensing agreement with Kirin Brewery.
In a process costing system, unit cost is computed
A) on the basis of productive output for a period of time. B) for each job worked on. C) for direct materials costs only. D) only for the last production process.
Using the weighted average method, what was the materials cost in work in process at July 31?
a. $ 50,000 b. $ 120,000 c. $ 25,000 d. $ 32,000
In dealing with moral dilemmas regarding people, products, prices, and profit, which of the following ethical climates are typically reflected by organizations?
A. Profit-maximizing, trusteeship, and quality-of-life management B. Law of the jungle, agrarian society, and free market economy C. Strong central leaders, democratic leadership, and no leaders D. Self-centered, selfish, and selfless E. None of these