During the Early 1990s, Companies Started Downsizing

question 51

Multiple Choice

During the early 1990s, companies started downsizing. One of the results of this downsizing was the permanent reduction in the number of middle management positions. This change in the way businesses operate would have:

• A) not affected the natural rate of unemployment.
• B) increased the natural rate of unemployment.
• C) decreased the natural rate of unemployment.
• D) either increased or decreased the natural rate of unemployment.

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Definitions:

Recreational

Activities or experiences engaged in for pleasure, relaxation, or leisure.

Work

An activity involving mental or physical effort done in order to achieve a purpose or result, often as part of a job or profession.

Social Identity Theory

A psychological theory proposing that individuals’ sense of self is based on their membership in social groups, influencing their behaviors and attitudes.

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Conflicts that arise between different groups, often due to competition for resources, differing values, or power imbalances.