The Austerity Measures Put into Place in the Wake of the Global

question 62

Multiple Choice

The austerity measures put into place in the wake of the global financial crisis resulted in all of the following EXCEPT

• A)increased homelessness.
• B)mass protests.
• C)reductions in pensions, wages, and health care services.
• D)a speedy economic recovery for Europe and the United States.
• E)the rise in Europe of political parties of the far left and right.

---

Definitions:

Lean Manufacturing

A systematic method for waste minimization within a manufacturing system without sacrificing productivity.

Recyclable Materials

Materials that can be processed and used again, often after being recovered from waste or by-products.

RFID

Radio-frequency identification, a technology used to identify and track tags attached to objects.

Process Focus

A management strategy that emphasizes the importance of optimizing and improving specific core processes within an organization to achieve better overall performance.