Vocabulary
The name of an organization that brings workers together to ask for change from their employer
What is a union?
The jobs workers did before the Ludlow Massacre
What was a mining/who were minors?
What was the Social Security Act?
Almost always better than renting a house
What is buying a house?
This is an economic system that encourages equality through taxes and privileges
What is socialism?
The change unions most often for
What is better pay?
Safer working conditions, better pay, and justice for a union organizer that was killed
What did the Ludlow Massacre strikers want from the companies
Children, disabled, and recently unemployed
What 2 of the 3 groups the Social Security expansion covered?
The New Deal program that insured mortgages if they were given to low income people at lower down payments and rates, encouraging banks to lend to more people
What is the Federal Housing Authority?
This economic system encourages competition and profit as driving forces of economic activity.
What is capitalism?
This happens when union members walk off a job and try to prevent people from shopping at a company
What is a Strike?
After sitting down on the car factory floor for weeks for better pay, the workers won and inspired others to strike
What was the outcome of the Flint Sit down strike?
The 2 groups that were left out of the Social Security Act for seemingly racist motives
Who were farmers and domestic workers?
When leaders at the FHA would make all neighborhoods with non white people too "risky" to give FHA mortgages to
What is redlining?
In this economic system some workers are happy because the government makes sure everyone has a job in the government-run factories. But things aren’t perfect--you get paid the same whether or not you do good work, and there’s not much choice.
What is communism?
This happens when the top 10% gets more money
What happens when union membership goes down?
In the Ludlow Massacre the government shot 66 people, but in the Flint Sit Down Strike, the government supported the strikers
What was the change in response from the US government to strikers before the 1950s?
Huey Long
What is the name of the guy who first proposed taxing people to help people just like Social Security Act did?
Prior to the New Deal/FHA when a mortgage would have a HUGE payment due at the end of the loan, causing many borrowers to default on the loan and lose their homes
What is a balloon mortgage?
This economic system can co-exist in democratic and even capitalist systems where leaders are elected by the people.
What is socialism?