The Great Depression and World War II

question 9

Multiple Choice

The Great Depression and World War II

• A)made Americans realize that unemployment was an unfortunate but largely irremediable occurrence.
• B)made Americans realize that unemployment could only be solved by a major international crisis, such as a war.
• C)showed that the government could help to ensure full employment.
• D)showed that ill-advised government programs could cause large increases in unemployment.

Interpret the effects of opportunity costs on business decisions.

Understand the theory of constraints and its application in managing production bottlenecks.

Analyze the profitability of products or services given constraints.

Apply markup calculations in determining selling prices based on various costing approaches.

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Definitions:

Problem/Causes/Solution Pattern

A method of organizing information in communication that identifies issues, their reasons, and proposed fixes.

Symptoms

Signs or indications of the existence of a problem, illness, or specific condition.

Solutions

Answers or methods for solving a problem or dealing with a difficult situation.

Hostile

Displaying or characterized by antagonism or opposition; often refers to takeovers in business where the acquiring company makes an offer directly to shareholders, bypassing the target company's management.