In Recent Times, There Has Been a Decline in the Sale

question 130

Multiple Choice

In recent times, there has been a decline in the sale of newspapers in the United States as people prefer to read the news on the internet. This has caused many newspaper journalists to lose their jobs. This is an example of _____

• A) structural unemployment.
• B) frictional unemployment.
• C) cyclical unemployment.
• D) seasonal unemployment.
• E) underemployment.

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Definitions:

1929

The year marked by the Wall Street Crash, leading to the Great Depression, a significant worldwide economic downturn.

Recession

A period marked by a significant decline in economic activity across the economy, lasting for several months or more, visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

World War II

A global conflict that took place from 1939 to 1945, involving most of the world's nations and marked by significant events that shaped modern history.

Decade

A span lasting a decade.