Being Too Dependent on One Location Is Particularly Risky Because

question 13

Multiple Choice

Being too dependent on one location is particularly risky because of:

• A)floating exchange rates.
• B)fixed exchange rates.
• C)lack of movement in currencies.
• D)static exchange rates.

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Definitions:

Wage Increases

The raising of the amount of money that workers are paid for their labor.

Knights Of Labor

An influential 19th-century American labor organization that aimed to protect and promote the interests of workers, advocating for an eight-hour workday and the abolition of child labor.

Wage Labor

A socioeconomic relationship between a worker and an employer, where the worker sells their labor under a formal or informal employment contract, and is paid a regular wage or salary.

Andrew Carnegie

A 19th-century industrialist and philanthropist who led the expansion of the American steel industry and is often considered one of the richest people in history.