Rise of Industrialization Level 2

How did forming a union empower workers?

By forming a union, workers were able to negotiate better wages and working conditions collectively, increasing their bargaining power against employers.

What is a trust in a business context?

Trusts allow businesses to secure their resources and reduce competition, enabling them to set prices and control markets more effectively.

Collective bargaining

The process by which workers negotiate with employers as a group to secure better wages and working conditions.

Market control

The ability of a company or a trust to influence or dominate the pricing and availability of goods in a market.