Vocabulary Labour Question

Carla Mendoza

Business 1050

10/9/15

Assignment 14

“An employer’s view of the labor question” by Andrew Carnegie

Vocabulary

1. Aggrandizement- to enlarge or extend something

2. Aggregate- collected to form a whole, sum total

3. Discontented- feeling unhappy or unsatisfied

4. Expedients- advisable courses/things

5. Fetched- to get

6. Gage- measure

7. Lockout- to prevent entry to an establishment

8. Pits- lowest part of something

9. Repealed- to officially undo something

10. Sunderland- village in England where ships were built

Standard six questions

1. “An employer’s view of the labor question” was written by Andrew Carnegie. Carnegie was a Scottish-American industrialist who led the enormous expansion of the American steel industry in the late

This text was supposedly written in American. Other ideas at the time were the value theory.

5. This text is relevant to the study of modern business in that it teaches us about the conflicts that labor has and the history of it.

6. This text confused me a little but I feel like I understood it for the most part.

Study questions

1. The 300 year struggle against authority and capital that Carnegie mentions was about labor. The struggle was of the labor that went on and the way that the labor was done, first by servitude or enslavement and later by paying

2. Serfdom or villeinage is when someone holds land but they hold it only to work it for the owner, and if the land was sold the people came with it and had to serve the new owner. This was seen back in feudal society and it pertained mostly to agriculture.

3. A trade-union is a labor union. This is an organization of wage earners that is set up to serve and advance its members ' interests. Those interests include wages, benefits, working hours and conditions.

4. The labor revolution was a process/revolution where finally laborers were paid money for their work and could stand equal to those who employed their services in that the laborers did their work and didn’t owe the employers

Carnegie’s first step- was called Compensation based on a sliding pay scale this was when the laborer is paid based on the amount of money received for a product month to month.

9. Carnegie’s second step- is that of Proper Organization. This means that the best workers will be brought to the forefront and they will work with the employers.

10. Carnegie’s third step- is of Peaceful Arbitration. This is that when differences cannot be settled they must seek out a third party to help settle the differences.

11. Carnegie’s fourth step- the effect of arbitration on his Work Interruption is that it is less likely to happen as the arbitration is able to help take care of the problem before it becomes larger.

12. The two advantages of implementing these steps are first. The employee and employer would share both prosperity and adversity and thus antagonism between them would disappear. Second there would be no more strikes or lockouts thus ending the loss of profit on both sides.

13. The evolutionist is the person who sees nothing but certain and steady progress for the race and they will never set bounds or try to limit said progress. Carnegie states that he is an