In 2002,the Demand for Construction Workers Increased and the Demands

question 110

Multiple Choice

In 2002,the demand for construction workers increased and the demands for textile and steel workers diminished.This illustrates

• A)frictional unemployment created by a sectoral shift.
• B)structural unemployment created by a sectoral shift.
• C)frictional unemployment created by efficiency wages.
• D)structural unemployment created by efficiency wages.

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Definitions:

Consumerism

An economic and social ideology that encourages the acquisition of goods and services in ever-increasing amounts, often equating personal happiness with consumer goods.

Totems

Objects, animals, or plants considered as sacred symbols and used as emblems by clans, families, or groups, often in indigenous cultures.

Buffet-Style Religiosity

An approach to faith characterized by picking and choosing religious beliefs and practices according to personal preferences.

Personal Spirituality

An individual's own set of beliefs, practices, and experiences related to a sense of connection to something greater than oneself.