Examlex
The Occupational Safety and Health Administration (OSHA) has determined that the probability of a worker dying from exposure to a hazardous chemical used in the production of fertilizer is 0.008. The cost of imposing a regulation that would ban the chemical is $32 million. If the value of a human life is equal to $10 million, how many people must the policy affect in order for the benefits to exceed the costs?
Significant Alliance
A major partnership or agreement between countries, organizations, or individuals that has a substantial impact on the parties involved or on a broader scale.
Middle Colonies
The colonial region in the 17th and 18th centuries that included the modern-day states of New York, New Jersey, Pennsylvania, and Delaware, known for diverse populations and religious tolerance.
New England Colonies
The early 17th-century British settlements on the northeast coast of North America, including Massachusetts, Connecticut, Rhode Island, and New Hampshire, known for their Puritan foundation.
King George's War
The North American theater of the War of Austrian Succession (1740-1748) involving France, Britain, and Spain, characterized by battles for control over North America.
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