When a Large Company Downsizes, Some of the Middle-Aged and Older

question 29

Multiple Choice

When a large company downsizes, some of the middle-aged and older workers who are laid off find it difficult to get another job.When such workers decide to start their own businesses, they are known as _____.

• A)welfare recipients.
• B)necessity entrepreneurs.
• C)post-retirement workers.
• D)baby boomers.

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Definitions:

Physical Changes

Alterations in the physical state or appearance of a substance or object, without changing its chemical composition.

Deterioration

The process of becoming progressively worse or the decline in quality or condition.

Mental Abilities

The cognitive capacities that include reasoning, problem-solving, planning, abstract thinking, comprehension, and learning.

Old Age

The latter part of life, typically defined as the period of life after retirement, or the ages around or beyond 65 years, characterized by changes in physical, social, and cognitive abilities.