The Two Most Important American Business Cycle Events of the Twentieth

question 63

Multiple Choice

The two most important American business cycle events of the twentieth century were

• A) the Great Depression and stagflation.
• B) World War II and the Great Depression.
• C) the productivity slowdown and the Great Depression.
• D) government budget deficits and World War II.

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Definitions:

Equal Employment Opportunity Commission (EEOC)

A federal agency responsible for enforcing federal laws that make it illegal to discriminate against a job applicant or an employee because of the person's race, color, religion, sex, national origin, age, disability, or genetic information.

State Division

A branch or section of government at the state level responsible for specific administrative functions or policies.

Human Rights (DHR)

A set of fundamental rights and freedoms to which all individuals are entitled, often emphasizing dignity, fairness, equality, respect, and independence.

Unemployment Compensation

Financial assistance provided to individuals who are unemployed through no fault of their own, aiming to support them during their job search.