Define and explain how the two-tier market arose in the U.S. ...

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Define and explain how the two-tier market arose in the U.S. market-oriented economy.
 
  What will be an ideal response?

Question 2

______________ describes women who make a voluntary decision to not have children.
 
  A. Voluntarily infertile
  B. Childless
  C. Childfree
  D. None of these

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Answer to Question 1

The student should assert that the two-tier market economy is a labor market characterized by a highly trained professional/technical labor pool at the top and a less skilled labor pool at the bottom. The upper tier with higher educational levels has experienced most of the economic gains, with adequate raises and health and other benefits. The lower tier has experienced reductions in staff, competition from foreign markets that results in job loss, and job and wage reductions. Many jobs in the lower tier are minimum-wage, dead-end jobs.

Answer to Question 2

C

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