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Prior to the Industrial Revolution, Unemployment Was Not Generally Considered

Question 74

Multiple Choice

Prior to the Industrial Revolution, unemployment was not generally considered a social problem because:


A) there were no fluctuations in how much people spent so there was nothing similar to recessions.
B) a reduction in spending would cause wages and income to fall rather than unemployment to rise.
C) governments, influenced by religious values, provided jobs to anyone unfortunate to be unemployed.
D) employers before the Industrial Revolution generally offered workers lifetime contracts and rarely dismissed them.

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