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Industrialized Countries
Nations characterized by a highly developed economy and technological infrastructure, with a significant portion of the population engaged in manufacturing and services.
Early 1970s
A period that marks the beginning of the 1970s decade, often associated with significant cultural, political, and social changes worldwide.
Labor Market Segmentation
Is the division of the market for labor into distinct settings. In these settings, work is found in different ways and workers have different characteristics. There is only a slim chance of moving from one setting to another.
World War II
A global conflict that took place from 1939 to 1945, involving most of the world's nations and culminating in significant changes to global power dynamics.
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