The Recession That Set in After December 2007 Can Be

question 133

Multiple Choice

The recession that set in after December 2007 can be attributed to:

• A)an increase in expenditure on war.
• B)a decline in home prices and an increase in foreclosures.
• C)an increase in terrorist activities.
• D)crop failures around the world.
• E)an increase in oil prices in the international market.

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Definitions:

Social Movement Unionism

A form of unionism that ties labor rights to broader social issues, such as environmental justice, racial equality, and anti-globalization efforts.

Grassroots Mobilization

The process of organizing and motivating a broad base of people at the local level to participate in campaigns or movements, often relating to political or social issues.

Working Class

A social group consisting of people employed in lower-tier jobs, often involving manual labor, who are salaried or wage-earning.

Social Movement Unionism

A trend within labor movements that emphasizes broader social goals rather than just focusing on raises and benefits for members, often aligning with other social justice movements.