It is also known by the names capitalism and free market. A free enterprise economy is made up of consumer spending, business investments and government purchases. Each of these parts play an important role in the free enterprise economy. Consumers are an important part of a free enterprise economy.
There are different kinds of rules. A commonly used test in a disparate impact case is the four-fifths rule which bases potential discrimination of a minority group relative to organization's hiring rate to be less than four-fifths of the hiring rate for the majority group.
<h3>What is the four-fifths rule?</h3>
There has been evidence of some discrimination if an organization's hiring rate for a minority group is said to be less than four-fifths of the hiring rate for the majority group.
The 4/5ths Rule is known to be a rule of thumb under which looks at the selection rate for any race, or ethnic group and has found it to be less than four-fifths (4/5th) or eighty percent (80%) of the known selection rate for the said group with the biggest selection rate.
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I am. What do you need help with?
Answer:
Knowledge
Explanation:
Knowledge could be defined as information, facts, skills gathered through experience or education. In the case above, the student has knowledge of how his "class average" works and so he "knows" that if he works hard enough, he can improve it to a B. However if he didn't have this knowledge, he probably would have started panicking and already think there isn't any hope of improving his average.
