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Please Define the Following Key Terms

question 10

Short Answer

Please define the following key terms
-Zezana


Definitions:

Welfare Capitalism

An approach to labor relations in which companies provide their employees with social welfare services such as pensions, healthcare, and housing; it gained popularity in the early 20th century in the industrialized Western world.

Big Business

Large-scale or major corporations and enterprises that have significant influence on the economy, often with considerable power and resources.

Debt

A sum of money that is owed or due.

Thrift

The practice of saving money and spending it wisely, often associated with frugal living.

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