Efforts to Increase Worker Efficiency by Breaking Down Work into Very

question 72

Multiple Choice

Efforts to increase worker efficiency by breaking down work into very specialized tasks and working with an assembly line production mentality is central to the concept of __________.

• A) sweatshops
• B) the dual labor market
• C) scientific management
• D) capital flight

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Definitions:

Prices

The amount of money required to purchase a good or service, serving as a signal for scarcity and demand in the market.

Unemployment

The condition of being jobless and actively seeking employment.

Phillips Curve

An economic concept illustrating an inverse relationship between rates of unemployment and rates of inflation within an economy.

Congress

The legislative branch of the United States federal government, consisting of two houses: the Senate and the House of Representatives.