Examlex
The most significant feature of the Taylor system was its focus on using the knowledge and creativity of the workforce.
Transcontinental Railroad
was a train route across the United States, completed in 1869, which revolutionized transportation and communication, contributing to the country's economic growth and westward expansion.
Hands Off Approach
A policy or attitude where interventions or regulations by governments in business or economic matters are minimized.
Economy
The system by which goods and services are produced, distributed, and consumed within a society or area.
Depression of the 1930s
A severe worldwide economic downturn that lasted throughout the 1930s, marked by significant declines in industrial production, widespread unemployment, and deflation.
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