The Passage of Laws to Regulate the Development and Operation

question 10

True/False

The passage of laws to regulate the development and operation of private pensions has resulted in a decline in the number of pensions available to American workers.

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Definitions:

Deskilling Thesis

The argument that technological advancements lead to a reduction in the skill levels required for certain jobs.

Multinationals

Corporations that own or control production of goods or services in one or more countries other than their home country, often having a significant impact on global trade and economy.

Division of Labour

The distribution of various segments of a production task among different individuals to enhance productivity.

Time Crunch

A situation characterized by a pressing or limited amount of time to complete tasks or activities.