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Why Did Industry Support the Retirement Principle

Question 3

Multiple Choice

Why did industry support the retirement principle?


A) It created a flow of promotions, rendered business more mobile, and deterred efficient workers from leaving for private employment.
B) It increased seniority benefits.
C) It allowed companies to retire older highly paid workers in favour of younger, cheaper labour, and speeded up production.
D) It increased product quality by eliminating inefficient older workers.

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