Examlex

Solved

Structural Unemployment Results Primarily from Automation and Long-Lasting Changes in Demand

question 46

True/False

Structural unemployment results primarily from automation and long-lasting changes in demand.


Definitions:

Nation-State

A sovereign state whose citizens or subjects are relatively homogeneous in factors like language or common descent.

Economic Development

The process by which a nation improves the economic, political, and social well-being of its people, often measured by increases in per capita income, reduction of poverty, and improvement of quality of life.

Tariff Reduction

The process of lowering taxes imposed on imported goods, typically to encourage trade between countries.

Homestead Act

A U.S. law enacted in 1862 that provided 160 acres of public land free of charge to any adult who completed five years of continuous residence and cultivation on the land.

Related Questions