Identify the Following Terms

question 109

Short Answer

Identify the following terms:
the European Coal and Steel Community (ECSC)

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Definitions:

Retraining Assistance

Support provided to employees to help them learn new skills or adapt to new job roles, often in the face of organizational changes or technological advancements.

Severance Pay

Financial compensation provided to employees who are terminated from their job, often based on length of service.

Balanced-Budget Amendment

A proposed amendment to the U.S. Constitution requiring the federal budget to be in balance, with expenditures not exceeding revenues.

Capital Gains Tax

A tax on the profit realized on the sale of a non-inventory asset that was higher in value than the purchase price, most commonly assessed on real estate, stocks, and bonds.