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When the Automobile Replaced Horse-Drawn Carriages as the Principal Means

question 39

Multiple Choice

When the automobile replaced horse-drawn carriages as the principal means of transportation, firms producing horse-drawn carriages went bankrupt and permanently laid off all their workers, thereby increasing
i. seasonal unemployment.
ii. structural unemployment.
iii. cyclical unemployment.


Definitions:

Potential Employer

An organization or individual considering hiring someone for a job position.

Leadership Position

A leadership position involves having the authority and responsibility to guide, influence, and direct the activities of others within an organization towards achieving its objectives.

Communication Skills

The abilities used in conveying information effectively and appropriately in various contexts.

Group Interview

An interview process where multiple candidates are interviewed simultaneously, often used to assess their interaction and compatibility with a team.

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