Which of the Following Best Describes the Events Following the Deregulation

question 24

Multiple Choice

Which of the following best describes the events following the deregulation of the trucking and airline industries by 1980?

• A)Wages in both industries fell,although the decline was much more rapid in the trucking industry
• B)Wages in both industries fell,although the decline was much more rapid in the airline industry
• C)The unionization rate in the trucking industry rose,although it fell in the airline industry
• D)employment fell in both industries while wages increased

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Definitions:

Enclosure

The historical process in England of consolidating (enclosing) small landholdings into larger farms since the 13th century, which led to significant social and economic changes, primarily displacing peasant farmers.

Common Lands

Areas of land open for communal use, typically for grazing livestock, collecting firewood, or other resources, managed by local communities.

Landowners

Individuals or entities that possess legal ownership of land or property, often exercising significant social, economic, or political power.

Trading Centers

Locations known for being hubs of commercial exchange, where goods, services, and currencies are traded extensively.