The Severe Depression of 1893

question 8

Multiple Choice

The severe depression of 1893

• A) was quickly over, and the economy was soon booming.
• B) caused little, if any, hardship.
• C) affected only factory workers.
• D) was a period in which labor and capital looked for compromise.
• E) led to increased conflict between capital and labor.

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Definitions:

Crowdsourcing

The approach of acquiring information, content, or ideas through seeking participation from a vast number of people, mainly from those active in online communities.

Evidence-Based Management

Evidence-Based Management involves making organizational decisions based on the best available scientific evidence, rather than on personal preference or tradition.

Multiple Sources

Involves collecting or receiving information from more than one origin to provide a broader perspective or verify accuracy.

Analytics

The systematic computational analysis of data or statistics, used to inform decision-making or enhance performance.