1920 December 12, HISTADRUT HAOVDIM (General Labor Federation) (Eretz Israel)
Was founded in Eretz Israel. Its founder, Berl Katznelson, was a disciple of Borochov. He combined various labor groups to form a federation. In reality the federation became one major union which was divided into trade sections. The Histadrut had its own workers' bank, Bank Hapoalim, as well as an Agricultural Audit Union, and a wholesale purchasing organization, Hamashbir Hamerkazi. Tnuva was its agricultural marketing cooperative, Hamashbir Hamerkazi, its wholesale consumer cooperative and department store, and Solel Boneh its contracting organization. It even had its own insurance company, Hassneh, and sick fund. The Histadrut was forced to make major reforms and cutbacks in the 1990's because of the changed economic climate and economy of the state of Israel.