The correct option is C. A man-made world event that would affect the labor market would be a war.
Wars frequently result in higher output, more competitive labor markets, and higher salaries. The major conflicts of the 20th century helped to reduce inequality, expand the welfare state, and advance civil rights in the United States.
Why do humans cause war?
Most of the time, governments, not populations, start conflicts. And the majority of the time, they arise from conflicts over resources and land or from a government's ambition to exert more control and power.
War is a fierce armed struggle between two or more states, governments, society, or paramilitary organizations like militias, mercenaries, or insurgents. Extreme violence, aggressiveness, devastation, and mortality, whether committed by conventional or irregular military troops, are typically its defining characteristics.
Real weekly wages before taxes in manufacturing were 50 percent greater in 1944 than they had been in 1939 as a result of wage increases and overtime compensation. Entire new businesses, technology, and related human talents were also developed as a result of the war. More equitable distribution of income and full employment were brought about by the war.
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