Many industrial cities such as Detroit have a history of dominance of employment sector by industries.These industries paid relatively high wages for low-skilled jobs and gave a sense of security ensured by large unions. But at the same time these safe conditions discouraged workers from starting their own businesses or continuing education.
Hence, Declining basic employment sector in industrial cities have left them with a lack of job opportunities for a poorly qualified workforce pushing many families below the poverty line.
President Reagan believed that more jobs would be created through deregulation, which meant. removing rules and laws that govern ...
Many members of the English gentry became willing to emigrate to the American colonies after the break with the Catholic church kept younger sons from having secure futures within <span>the Church.
In the past, they knew their sons' future was set within the church, but after there were major changes in religion in England, they were not so sure anymore, and thus decided to move to America.
</span>
Answer:
The Depression was actually ended, and prosperity restored, by the sharp reductions in spending, taxes and regulation at the end of World War II, exactly contrary to the analysis of Keynesian so-called economists. True, unemployment did decline at the start of World War II
