Examlex
The following two sentences: "The cat was chased by the dog" and "The dog chased the cat," have
Cyclical Unemployment
Unemployment directly related to cycles of economic upturn and downturn, such as recessions and expansions.
Great Depression
A severe worldwide economic downturn during the 1930s, characterized by massive unemployment and deflation.
Ph.D.
A Ph.D. is a Doctor of Philosophy degree, a postgraduate academic degree awarded by universities, signifying advanced research and scholarly achievement in a specific field.
Employed
The condition of having paid work or being engaged in an activity or job that generates income.
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