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Which of the following statements is true of coercive power?
National Industrial Recovery Act
A 1933 U.S. law aimed at boosting economic recovery during the Great Depression by regulating industry standards and promoting fair wages and hours for workers.
Industrial Output
The total volume of products and services produced by the manufacturing sector of an economy.
Legislation
Laws or statutes enacted by a legislative body to regulate, authorize, sanction, grant, declare, or restrict various activities.
Recession
A significant decline in economic activity spread across the economy, lasting more than a few months.
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