Which is not true for the argument in split labor market theories?
A) Capitalists and labor have similar interest in splitting the labor market.
B) Workers are fearful of lower-priced labor.
C) Capitalists always seek lower-priced labor.
D) Higher-priced workers use splitting the labor market as a fall-back option.

Question

Quizplus · Accepted Answer

Split labor market theories suggest that capitalists and labor have opposing interests regarding the splitting of the labor market. Capitalists seek lower-priced labor to reduce costs and increase profits, while workers, especially higher-priced labor, may fear competition from lower-priced labor, potentially leading to job loss or wage reductions. Therefore, the statement that capitalists and labor have similar interests in splitting the labor market is not true.

Which Is Not True for the Argument in Split Labor