By the Early 1930s, the Increase in Life Expectancy and the Accompanying

question 92

Multiple Choice

By the early 1930s, the increase in life expectancy and the accompanying increase in the number of elderly Americans caused which of the following to occur?

• A) The federal government established a national program of old-age insurance.
• B) State governments began to provide assistance to the needy elderly.
• C) Most corporations began offering retirement plans to their employees.
• D) The federal government established a comprehensive retirement plan for federal employees.

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Definitions:

Professional Services

Services offered by businesses to other organizations or professionals, which require specialized knowledge, skills, and often involve certification or licensing.

Crossover Chart

A graphical representation used to compare the costs associated with different processes or systems at various levels of activity.

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Rapid, low-cost production that caters to constantly changing unique customer desires.