The split-labor market theory refers to the division of the economy into two areas of employment,a privatization sector or upper tier,composed of higher-paid (usually subordinate group)workers in more secure jobs,and a tertiary sector or lower tier,composed of lower-paid (often superordinate group)workers in jobs with little security and hazardous working conditions.

Question

Quizplus · Accepted Answer

The split-labor market theory describes a division where dominant groups (often higher-paid) and subordinate groups (often lower-paid) are in competition, not the reverse as stated.

The Split-Labor Market Theory Refers to the Division of the Economy