Structural Unemployment Has Been a More Serious Problem in Europe

question 153

Multiple Choice

Structural unemployment has been a more serious problem in Europe than in the United States because of:

• A) a low level of labor regulations.
• B) active labor unions.
• C) more generous unemployment benefits.
• D) much tighter government control.

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Definitions:

Necessaries

Items or services deemed essential for daily living, such as food, shelter, clothing, and medical care, particularly in contexts involving the provision for those unable to contract for themselves, like minors.

Age of 21

The age at which an individual is considered legally competent to engage in certain contracts and responsibilities in many jurisdictions.

Minor

A person under the legal age of adulthood, which varies by country, often considered to be under 18 years old.

Disaffirmance

Refers to the legal right to renounce or void a contract or agreement, particularly used in cases involving minors or instances of fraud.