"No Individual Should Have Less Than $20,000 Income in the United

question 306

Multiple Choice

"No individual should have less than $20,000 income in the United States in 2010" is an example of

• A)a normative statement.
• B)a positive statement.
• C)an illogical and refutable statement.
• D)a truism.

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Definitions:

Industrial Development

The process of building up a country's capacity to process raw materials and manufacture goods for consumption or export.

Canadian Labor Law

The body of laws regulating employment, unions, and collective bargaining in Canada.

Decentralization

The distribution of decision-making powers and responsibilities away from a central authority to regional or local authorities or to individual units within an organization.

Business Flexibility

The ability of a company to adapt to changes in the market or industry, altering operations or structures to meet new challenges.