Explain the Consequences of the New Deal That Was Created

question 57

Essay

Explain the consequences of the New Deal that was created subsequent to the Great Depression.

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Definitions:

Wage Rate

The amount of money paid to an employee per unit of time, such as an hour or month, for labor or services rendered.

Employer Prejudice

Bias or discrimination by employers towards certain groups of employees or potential employees based on non-work-related personal characteristics.

Discrimination Coefficient

A measure used in economics to quantify the degree to which agents differentiate between similar goods based on non-price factors.

Hispanic Workers

Refers to individuals of Hispanic or Latino descent participating in the workforce.