How the government has reacted to economic shocks


Discussion:

1. At the start of the Industrial Revolution, few laws protecting workers existed. Summarize a timeline (in list form) of important events in the evolution of labor laws.

a. The timeline should include at least 5 total events/items, including events in the aftermath of the Great Depression and Great Recession.

b. Be sure to include at least one event from a part of the world other than the US or Europe.

c. Write a paragraph summarizing how the government has reacted to economic shocks by altering the regulations concerning labor market institutions

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Microeconomics: How the government has reacted to economic shocks
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