One Way for Governments to Try and Minimize the Effects

question 31

Multiple Choice

One way for governments to try and minimize the effects of structural unemployment is to:

• A) provide information to unemployed people about which professions are experiencing rising demand for labor.
• B) subsidize retraining programs for unemployed workers to learn new skills.
• C) offer low-interest loans to unemployed workers to go back to school to learn new skills.
• D) All of these are ways the government can deal with structural unemployment.

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Definitions:

Globalization

the process by which businesses, cultures, and societies become more interconnected through trade, communication, and technology.

Technological

Pertaining to technology, which involves the application of scientific knowledge for practical purposes, especially in industry.

Socio-Cultural

Refers to the combination of social and cultural factors that impact individual and community behaviors, norms, and values.

Political Revolution

Political revolution refers to the fundamental and rapid change in political power and political organization, often accompanied by social and cultural shifts.