Please Define the Following Key Terms

question 80

Short Answer

Please define the following key terms.
-Kraft durch Freude

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Definitions:

Labor Underutilization

A situation where available labor resources are not being used efficiently, leading to unemployment or underemployment.

Discouraged Workers

Individuals who are not actively seeking employment due to believing there are no jobs available for them.

Marginally Attached Workers

Individuals not in the labor force who want and are available to work but have not searched for a job in the past 4 weeks, hence are not counted as unemployed in labor force statistics.