The 1950s social contract saw unions agreeing to let management make decisions regarding capital investment and plant locations, facilitating cooperation. This period was marked by an overall recognition of mutual benefit between labor and management rather than conflicts over benefits or workplace strikes. This balance contributed to a stable economic environment in post-war America. ;
The new social contract in the 1950s involved unions agreeing to let management make decisions regarding capital investment and plant location, fostering collaboration. This shift contributed to a stable economic environment characterized by mutual benefits and fewer conflicts. Therefore, the correct answer is A: Unions agreed to leave decisions regarding capital investment and plant location in management's hands.
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