Identify and State the Historical Significance of the Following

question 111

Short Answer

Identify and state the historical significance of the following:
-Workingmen's Compensation Act

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Definitions:

Society

denotes a group of individuals living together in a more or less ordered community, sharing customs, laws, and organizations.

High-tech Industry

A sector of the economy focused on the development, production, and sale of advanced technological products and services, including electronics, software, and biotechnology.

Social Stratification

A system by which a society ranks categories of people in a hierarchy based on factors like wealth, income, race, education, and power, leading to unequal access to resources and opportunities.

Downward Mobility

A decline in social, economic, or professional status, often contrasted with upward mobility, which is a rise in social, economic, or professional status.