Prior to Enactment of Workers' Compensation Laws, Employees Had Absolutely

question 3

True/False

Prior to enactment of workers' compensation laws, employees had absolutely no recourse when they were injured.

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Definitions:

SWOT Analysis

A strategic planning tool used to identify and understand an organization’s Strengths, Weaknesses, Opportunities, and Threats.

Substitute Products

Products that serve as alternatives to each other; when the price of one increases, the demand for the alternative typically increases.

Regulations

Rules or directives made and maintained by an authority to control or govern behavior and practices within specific areas.

Diversification

A strategy of investing in a variety of assets to reduce overall risk.