Most Recessions and Depressions

question 15

Multiple Choice

Most recessions and depressions

• A)are accurately forecasted.
• B)usually occur with ample advance warning.
• C)cause falling unemployment.
• D)occur with little advance warning.

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Definitions:

Reverse Discrimination

The claim that affirmative action and similar policies intended to address inequality end up discriminating against majority or historically advantaged groups.

Meritocracy

A system where success and status in society are determined by individual talent, effort, and achievement, rather than by wealth or social class.

Affirmative Action

Policies or measures designed to increase the representation of minorities and women in areas of employment, education, and business from which they have historically been excluded.

Ethnic Enclaves

Geographic areas with high concentrations of individuals from the same ethnic or cultural background, distinct from the larger surrounding area.