Unemployment That Develops as Old Industries Die Off Is Known

question 10

Multiple Choice

Unemployment that develops as old industries die off is known as ________.

• A)cyclical unemployment
• B)structural unemployment
• C)frictional unemployment
• D)voluntary unemployment

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Definitions:

Medicare

A federal health insurance program in the United States primarily for people who are 65 or older, as well as for some younger people with disabilities.

Needs Meeting

The process or event where requirements or demands of individuals or groups are addressed and fulfilled.

Fragmentation

The process or state of breaking or being broken into small or separate parts, often leading to a lack of cohesion in areas such as policy or organization.

Coherent Policy

A policy that is logically consistent and well-organized, enabling clear understanding and implementation.