Recently, Four Factors Have Eroded the American Dream for the Middle

question 113

True/False

Recently, four factors have eroded the American Dream for the middle class: escalating housing prices, occupational insecurity, blocked mobility on the job, and the cost-of-living squeeze that has penalized younger workers, even when they have more education and better jobs than their parents.

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Definitions:

Henry L. Gantt

An American mechanical engineer and management consultant who developed the Gantt chart, a popular project management tool.

Human Factor

The consideration of the human element, including psychological, physical, and social aspects, in the design and operation of systems and services.

Service

The action of helping or doing work for someone, often refers to intangible products offered by businesses.

Human Relations Movement

A management theory focusing on the psychological and social aspects of work, emphasizing the importance of employee welfare, motivation, and communication to increase productivity.