Welcome to the tag category page for Labour economics!
Economic disadvantage refers to circumstances where individuals or groups have limited access to economic resources or face significant financial challenges, such as low income, poverty, or unemployment. It can impact individuals on multiple levels, including physical, social-emotional, and cognitive outcomes. Socio-economic disadvantage is complex and interlinked, leading to impacts across areas such as work, living standards, health, justice, and participation in public life. Economically disadvantaged students may face additional challenges in education, such as inadequate resources or limited access to opportunities. Overall, economic disadvantage can significantly impact individuals' well-being and opportunities in life.
A vertical market is a particular industry in which similar products or services are marketed using similar sales and marketing approaches.