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Labour Market: Definition, Concept & Determinant of Labor Force

A labour market is any institution or arrangement which brings job seekers and employers of labour together within a particular geographical region. We can therefore talk of local labour market, national labour market and international labour market.

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Advantages and Disadvantages of Multi-Party System

One of the disadvantages of Multi-party System is that the system is defective in that it is usually difficult for one party to win an election. As such coalition governments which are generally unstable are formed to overcome the problem.

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