Asked by
STU-Jiniah Mckinney
on Oct 12, 2024
Verified
Which statement is false?
A) According to the theory of the dual labor market,the rich stay rich and the poor stay poor.
B) The dual labor market theory does not account for the huge middle level of occupations-such as nursing,teaching,and social work.
C) Most poorer people tend to find jobs in the primary labor market,according to the theory of the dual labor market.
D) None of the statements are false.
Dual Labor Market
describes an economy divided into two segments: a primary sector with secure, well-paid jobs, and a secondary sector with insecure, poorly paid jobs.
Primary Labor Market
Refers to jobs that provide high wages, benefits, job security, and opportunities for advancement.
Occupations
Various kinds of jobs or professions individuals engage in to earn a living.
- Compare and contrast the characteristics of primary versus secondary labor markets.
Verified Answer
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Learning Objectives
- Compare and contrast the characteristics of primary versus secondary labor markets.