The Number of Americans Filing for Bankruptcy Each Year Has

question 117

True/False

The number of Americans filing for bankruptcy each year has increased since the late 1980s.

---

Definitions:

Continual Adjustments

An ongoing process of making small changes or modifications to improve or maintain performance in response to changing conditions or feedback.

Unfreezing

The process within change management that involves overcoming inertia and dismantling the existing "mindset" to overcome resistance to change.

Changing

The process or act of making something different, often in the context of improvement or adaptation.

Refreezing

The process of stabilizing a group or organization after a change has occurred, ensuring that the changes made are permanent and integrated into the norm.