True/False
Within varieties of capitalism theory, liberal market economies (LME) and coordinated market economies (CME) are distinguished. CMEs are characterized by developing a highly specialized labour force, while LMEs develop more general skills.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: According to varieties of capitalism, welfare states
Q2: What are theoretical explanations of structural unemployment?
Q3: What is characteristic for the system of
Q4: Policy convergence is explained by… Please select
Q5: Which negative effects of the welfare state
Q6: What does Okun's thesis suggest?<br>A) Taxes and
Q7: What can be said about varieties of
Q9: Which economic phenomena led to the questioning
Q10: Conservative welfare regimes aim at securing income