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Sarah has learned to ignore her parents the first few times they tell her that it's bedtime. James has learned to respond to his parents the first time they mention bedtime. Both sets of parents punish their children for disobedience, but James parents tend to punish much more quickly than do Sarah's parents. The difference between Sarah's and James' responses to their parents is probably due to __________
Economic "Booms"
Periods of significant growth and expansion in economic activity characterized by increased production, employment, and often inflation.
Economic "Busts"
Periods characterized by economic decline, where there is a significant reduction in economic activity across an economy.
Union Density
The number of union members in a given location and time as a percentage of nonfarm workers. It measures the organizational power of unions.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness and interdependence among global societies.
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