In the 1930s,the U

question 115

Multiple Choice

In the 1930s,the U.S.Department of Labor created the _____ as a vehicle for helping the new public employment system link the demand for skills and the supply of skills in the U.S.workforce.

• A) Career Development Facilitator (CDF)
• B) Dictionary of Occupational Titles (DOT)
• C) Occupational Information Network (O*NET)
• D) Standard Occupational Classification (SOC)
• E) Selected Characteristics of Occupations (SCO)

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Definitions:

Systematic Risk

The risk inherent to the entire market or market segment, which cannot be mitigated through diversification and is often influenced by external factors like political, economic, and social changes.

Political Upheaval

Significant disruption or change in the governing structure or policy of a country, often accompanied by protests or conflict.

Market Risk

The risk of losses in investments due to factors that affect the entire market, such as economic changes or political events.

Economic Events

Various incidents or transactions that may affect a country's economy, including government policies, market movements, and natural disasters, which can influence financial markets and economic health.