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Labour Market Segmentation Began to Develop After World War II

question 32

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Labour market segmentation began to develop after World War II, and continued to the present. It was a time when large business organizations emerged.


Definitions:

Imperialism

The policy of extending a country's power and influence through colonization, use of military force, or other means.

Dependency Theory

A theory suggesting that economic conditions in poorer countries are the result of exploitative relationships with wealthier countries.

Economic Underdevelopment

A condition in which a country or region suffers from low economic productivity, low living standards, and often high rates of poverty and unemployment.

Modernization Theorists

Scholars and thinkers who analyze the processes and impacts of modernization within societies, especially the transition from traditional to modern social, political, and economic systems.

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