Why Was the 2009 Recession Also Referred to as a "Mancession

question 124

Multiple Choice

Why was the 2009 recession also referred to as a "mancession"?

• A) it affected only manufacturing jobs
• B) it increased male unemployment much more than female unemployment
• C) it was very well managed by the government
• D) it was considered to be a manageable downturn faced by retailers

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Definitions:

Downsizing

The process of reducing an organization's workforce or operations to decrease costs and improve efficiency, often leading to layoffs.

Workforce

The collective group of individuals engaged in work or employment within an organization, region, or country, contributing to its economy.

Revenue

The total amount of income generated by the sale of goods or services related to a company's primary operations.