When a Walmart Hires People for a New Store, Economists

question 30

Multiple Choice

When a Walmart hires people for a new store, economists suggest that

• A)more workers are actually laid off at other establishments.
• B)at least some workers are laid off at other establishments.
• C)the same number of workers are laid off at other establishments.
• D)even more workers are added at other establishments.

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Definitions:

Class Systems

Social stratification based on both social and economic status, which often determines access to resources, opportunities, and privileges within a society.

Caste Systems

A form of social stratification characterized by hereditary transmission of a lifestyle, occupation, and social status, with little to no mobility.

Stratification

The division of society into classes that have unequal access to resources and power.

Simplicity Movement

A lifestyle choice emphasizing minimalism and reducing one's footprint by consuming less and living with essentials.