According to the mainstream economics school of thought, the Wagner Act of 1935:

A) Encouraged conflict to develop between management and labor.
B) Could not adequately challenge the power of management.
C) Protected the monopoly power of labor.
D) Was benign in its effect and would not significantly change labor-management relations.

Mainstream Economics

The body of economic thought and theory that is widely accepted and taught across major universities and colleges, focusing on market equilibrium, demand and supply, and the role of government interventions.

Wagner Act

Another name for the National Labor Relations Act of 1935, which established the legal right for workers to form unions and engage in collective bargaining in the United States.

Monopoly Power

The ability of a company or entity to control or dominate an industry or sector, making it the primary or sole provider, often leading to limited competition and higher prices for consumers.