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How was the post-war labour shortage resolved?

User Kammaar
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Final answer:

The post-war labour shortage was resolved through the Servicemen's Readjustment Act of 1944, providing education and unemployment benefits for veterans, a shift in the economy towards consumer goods production, government support for workers, and proactive business reforms like the eight-hour workday and employee benefits.

Step-by-step explanation:

The post-war labour shortage was resolved through a multi-faceted approach that included government intervention, changes in industry practices, and an increase in consumer demand.

After World War II, the Department of Labor estimated high unemployment, but measures like the Servicemen's Readjustment Act of 1944 (GI Bill of Rights) provided veterans with college or vocational training and unemployment pay to ease them back into civilian life.

Furthermore, the end of wartime production resulted in a significant shift in the economy. Companies transitioned from manufacturing war-related materials to consumer goods, meeting the pent-up demand which had accumulated during the war. This economic shift, combined with government efforts, prompted full employment and an increase in productivity.

In addition to government support, business leaders learned from experiences during World War I and began to recognize the importance of addressing workers' demands proactively. This led to the implementation of Progressive reforms like the eight-hour workday and employee benefits, which helped stabilize post-war employment and fostered a period of economic expansion.

User Masashi M
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