Fields in which rewards are heavily concentrated in the hands of a few top performers are known as ______.
A) two-tier wage systems
B) winner-take-all markets
C) weakened wage-setting institutions
D) economic restructuring

Question

Quizplus · Accepted Answer

Winner-take-all markets are fields in which rewards are heavily concentrated in the hands of a few top performers. In these markets, competition is so fierce that only the best of the best are able to earn significant rewards, leaving the rest with relatively little. The other choices do not describe this phenomenon.

Fields in Which Rewards Are Heavily Concentrated in the Hands