D
Davis-Bacon Act, 1931

The first piece of legislation to consider the topic of, and actually establish, a minimum wage. Davis-Bacon, however, was (and still is) limited to the construction industry, specifically those contractors and subcontractors on

  • any and all federal government construction contracts

  • nonfederal government construction projects in excess of $2,000 that receive federal funding

Contractors and subcontractors who meet either of these criteria are required to provide laborers and mechanics who are employed at the actual worksite with wages and benefits that are equal to (or better than) what workers on similar local projects receive.

decline

The fourth stage of the organizational life cycle, after which—if inertia has set in and ...

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