The Belief That Society Is No Longer Controlled by History

question 77

Multiple Choice

The belief that society is no longer controlled by history and progress is termed:

• A) postindustrialism
• B) postmodernism
• C) historicity
• D) posthistoricity
• E) progressivism

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Definitions:

Worst Recession

A particularly severe or damaging period of economic decline, characterized by significant decreases in GDP, high unemployment, and failing businesses.

Depression

An economic depression is a prolonged period of significant decline in economic activity across a region or country, characterized by high unemployment, low consumer spending, and a decrease in industrial production.

National Output

The total value of all goods and services produced within a country's borders in a given time period.

Stagflation

A period of slow economic growth combined with high unemployment and rising prices (inflation).