The specialized labor market is the term used to describe dividing the capitalist economy into two separate sectors that have different characteristics, different roles, and different rewards for laborers within each.

Question

Quizplus · Accepted Answer

The term "specialized labor market" refers to a segment of the labor market where workers have specific skills or expertise. The division of the capitalist economy into two separate sectors with different characteristics and rewards is more accurately described by the concept of dual or segmented labor markets.

The Specialized Labor Market Is the Term Used to Describe