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World War II was at its height in 1944. The war had greatly stimulated the economy. Millions of people were needed to serve their country in the armed forces. That left a vacuum in the civilian labor force, meaning that there were many opportunities for people to fill the civilian jobs that servicemen had been doing before being deployed overseas. Many civilians were also needed to work in the factories that supplied the military with armaments and other goods.
What else can I help you with?
What does the Phillip's Curve illustrate?
A graph that shows that there is a relation between unemployment and inflation: One can either have a high inflation and low unemployment or low inflation with high unemployment.
How does a low unemployment rate affect a nation's economy?
The nation has a higher number of productive resources when the unemployment rate is low.
Which is not a cost of recessions?
low unemployment
What does a low rate of unemployment indicate?
24. A high unemployment rate indicates low economic growth. security. freedom. efficiency.
In late 1999 the U.S. unemployment rate was?
In late 1999, the U.S. unemployment rate was
Plan for better city low-income housing 1950s?
The plan for better city low income housing, in the 1950s, was to build large housing complexes. The large housing complexes offered low rent for its occupants.
Which of these is not a cost of recession?
low unemployment
What was the U.S. unemployment rate in late 1999?
low
What is the unemployment rate of Monaco?
Monaco has a very low unemployment rate, estimated to be around 2% as of 2021. The economy of Monaco is primarily driven by tourism, finance, and real estate, which helps to keep unemployment levels low.
What country in southeast Asia has a low unemployment rate?
thailand
What are two features of sustainable economic growth?
Low and stable inflation rate. Low unemployment rate.
What are the reasons for unemployment in Malaysia?
Low amount of middle class jobs.
