The "Reserve Army of the Unemployed" Was a Term Coined

question 278

Multiple Choice

The "reserve army of the unemployed" was a term coined by

• A)Adam Smith
• B)John Maynard Keynes
• C)Thorstein Veblen
• D)Karl Marx
• E)Milton Friedman

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Definitions:

Slave Life

The daily existence of slaves, typically marked by hard labor, poor living conditions, and a lack of personal freedom or autonomy.

Average Wealth

A measurement reflecting the economic status of individuals in a society, typically calculated as the total wealth owned divided by the number of wealth holders.

Freeholder

An individual who owns their land and property outright, without any encumbrances or obligations to a superior landlord.