Asked by wydia cooper on Jul 24, 2024
Verified
Over the short term,strikes have been more frequent during:
A) economic "booms"
B) economic "busts"
C) periods of economic stability
D) periods when the economy rapidly cycles between "boom" and "bust"
E) none of these choices
Economic "Booms"
Periods of significant economic growth and prosperity, characterized by increased production, employment, and consumer spending.
Economic "Busts"
Periods of significant economic decline characterized by reduced levels of activity across the economy, often including increased unemployment and decreased spending.
- Analyze the relationship between economic conditions and the frequency of strikes.
Verified Answer
AG
Ashley GreynoldsJul 25, 2024
Final Answer :
A
Explanation :
Strikes are more frequent during economic "booms" because workers feel more empowered to demand better wages and conditions, knowing that their employers are more likely to afford concessions due to higher profits and economic activity.
Learning Objectives
- Analyze the relationship between economic conditions and the frequency of strikes.
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