OtherPapers.com - Other Term Papers and Free Essays
Search

Workers Case

Essay by   •  October 24, 2012  •  Essay  •  209 Words (1 Pages)  •  1,339 Views

Essay Preview: Workers Case

Report this essay

Their description of the times is the increase of centralized corporate business structure which they describe as being inversely related to the loss of workers' individuality, bargaining power, and sense of personal value. They do not provide any statistics to support this claim, such as showing the increase in the number of corporations though this point follows from the recent American industrial revolution. They then go on to examine wage conditions, work conditions and the effects of these conditions.

Leading up to this time period, the Homestead Act had made hundreds of millions of acres of public land available to those willing to improve the land. However most of the prime low-lying land along rivers had been claimed by the beginning of the 20th century. As this land became less available, it removed an option from workers. This caused the opportunity cost of accepting a job to decrease and therefore a decrease in wages as seen below. It is possible that this played a large role as the Homestead Act provided 1.6 million homesteads between 1862 and 1934. Since the population at this time was less then 100 million there is reason to believe that this was at least an option for workers.

...

...

Only available on OtherPapers.com