The division of the economy into one sector with stable and secure working conditions and another sector with marginal working conditions and low wages is called __________.

Question

Quizplus · Accepted Answer

The description provided fits the definition of the dual labor market, where one sector has stable and secure working conditions, while the other sector has marginal working conditions and low wages. Sweatshops refer specifically to workplaces with poor working conditions and low wages, while contingent employment refers to temporary or part-time work arrangements. Alienation refers to a feeling of isolation or detachment from one's work, and while it can be connected to poor working conditions, it is not directly related to the division of the economy into different sectors.

The Division of the Economy into One Sector with Stable