Between the Years 1950 and 1967, the Number of Nurses

question 21

Multiple Choice

Between the years 1950 and 1967, the number of nurses and assistive personnel rose dramatically in part as a result of the influence of the:

• A) Children's Bureau.
• B) Hill-Burton Act.
• C) Nurse Training Act.
• D) Social Security Act.

---

Definitions:

Terms of Trade

The ratio between a country's export prices and its import prices, indicating the quantity of imports goods a country can purchase through the sale of its exports.

Supply and Demand

Fundamental economic model describing how prices vary as a result of a balance between product availability and consumers' purchasing desires.

Opportunity Cost

The financial loss associated with rejecting the subsequent preferable choice when deciding or selecting amongst various options.

Specialization

The process of focusing on and becoming expert in a particular subject or skill, or of businesses, regions, or nations concentrating on producing certain goods or services.