Use the Following to Answer Questions

question 23

Multiple Choice

Use the following to answer questions:
Select the word or phrase from the Terms section that best matches the definition or example provided in the Definitions section.
Terms
-Social stratum that developed in Britain in the nineteenth century and that consisted of people employed in the service sector as clerks, salespeople, secretaries, police officers, and the like; by 1900, this group comprised about 20 percent of Britain's population.

• A)steam engine
• B)Indian cotton textiles
• C)middle-class values
• D)lower middle class
• E)Karl Marx
• F)Ellen Johnston
• G)Labour Party
• H)Luddites
• I)socialism in the United States
• J)Progressives
• K)Russian Revolution of 1905
• L)caudillos
• M)Latin American export boom
• N)Mexican Revolution
• O)dependent development

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Definitions:

Human Capital Supply

The availability of individuals in the workforce who possess the necessary skills, knowledge, and abilities to meet an organization’s needs.

Demand Forecasting

Demand forecasting is the process of estimating the future demand for goods or services based on historical sales data, market analysis, and other factors.

Human Capital

The abilities, understanding, and expertise held by a person or a group, considered in relation to their worth or expense to a company.

Forecasting Tools

Instruments or software used to predict future trends or outcomes based on current data.