In the Balfour Declaration, Great Britain

question 109

Multiple Choice

In the Balfour Declaration, Great Britain

• A) received what became Lebanon and Syria.
• B) pledged to create a homeland for the Jewish people in Palestine without prejudice to the rights of existing non-Jewish communities.
• C) pledged to give independence to India and British colonies in Africa.
• D) assumed responsibility for governing all of the former Ottoman Empire's provinces in northern Africa and the Middle East.

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Definitions:

Real Wages

Wages that have been adjusted for inflation, reflecting the actual purchasing power of income earned by workers.

Industrially Advanced Nations

Countries with highly developed economies, significant industrial production, and advanced technological infrastructure.

Long-run Trend

The long-run trend refers to the general pattern or direction that an economic variable, such as GDP growth or the unemployment rate, follows over a prolonged period, smoothing out short-term fluctuations.

Real Wages

The purchasing power of wages, taking into account the effects of inflation or deflation, which reflects the actual goods and services that wages can buy.