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Based on the social development context, the rise and fall of the labor movement shaped the American work environment and economy in many ways. One of which is the "better wages for employees."

Other ways in which the rise of the labor movement shaped the American work environment and economy include:

  • Reasonable hours and safer working conditions
  • Counter class inequality
  • Stop to child labor
  • More health benefits
  • Provision of aid to workers who were injured or retired, etc.

On the other hand, the fall of the labor movement shaped the American work environment and economy in many ways, such as:

  • Deregulation of industries
  • Outsourcing of jobs
  • Increased competition in organized industries, etc.

Hence, in this case, it is concluded that the rise and fall labor movement has its merits and demerits to the American work environment and economy.

Learn more about Labor Movement here: https://brainly.com/question/1616011