Examlex
One example of labor-market discrimination is that firms may be less likely to interview job-market candidates whose names suggest that they are members of a racial minority.
Partnership
A legal form of business operation between two or more individuals who share management and profits.
Industrial Revolution
A period of major industrialization that took place during the late 1700s and early 1800s, dramatically transforming societies from agrarian to industrial.
Specialized Equipment
Machinery or tools designed for a particular purpose or industry, enhancing efficiency and productivity in specific tasks.
Division of Labor
The division of separate components of a manufacturing procedure or task among different individuals for the purpose of increasing efficiency.
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