Discuss the Major Economic Factors That Explain the Rising Labor

question 96

Essay

Discuss the major economic factors that explain the rising labor force participation rate of women after World War II.

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Definitions:

Capital Account

An account used to track the investments made into a company by its owners, plus the retained earnings of the business.

Withdrawal Account

An account used in partnership accounting to record the amounts drawn out of the business by the partners for personal use.

Relative Ease

The level of simplicity or difficulty with which a task can be completed when compared to other tasks.

Formation

The process of legally creating a company or other organization; involves registration with relevant authorities and may include drafting a constitution or by-laws.