Examlex
The zemstvos system was designed to enhance the power of the Russian central government.
Structural Unemployment
A situation in which there is a mismatch between the skills of unemployed workers and the skills needed for available jobs.
Cyclical Unemployment
This type of unemployment fluctuates with the business cycle, increasing during economic downturns and decreasing during periods of economic growth.
Frictional Unemployment
Short-term unemployment that arises from the process of matching workers with jobs and occurs even in healthy economies.
Assembly Line
A manufacturing process in which parts are added to a product in a sequential manner to create a finished product much more efficiently than with individual craftsmanship.
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