Identify and Give the Historical Significance of Each of the Following

question 84

Essay

Identify and give the historical significance of each of the following terms, events, and people in a paragraph or two.
-In the twentieth century, the 1970s was the only decade besides the 1930s in which Americans on average were poorer at the end of the decade than when it began. Compare the economic crisis of the 1970s with that of the 1930s. What were the causes of each? How did the government respond to each crisis? How was labor affected in each decade? What eventually turned the economy around in each case?

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Definitions:

Exchange Theory

An analytical framework positing that social behavior is the result of negotiations between parties in an attempt to receive benefits at the lowest possible cost.

Social Interaction

The way people relate to one another and influence each other's behavior within a social context.

Attention

The mental focus or concentration directed towards a specific object, task, or activity.

Impression Management

The process by which individuals attempt to control the perceptions of other people about themselves, usually by adapting their behavior or appearance.