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The reason that some people make more money than others is explained mainly by
A) training and education.
B) intelligence.
C) inborn skills or physical attributes.
D) just plain luck.
E) all of the choices/statements are true.
Training
The process of enhancing skills, knowledge, and competencies, enabling individuals to perform specific tasks or jobs effectively.
Education
The systematic process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits.
Intelligence
The ability to acquire and apply knowledge and skills, often used in the context of gathering and analyzing information for strategic purposes.
- Understand the factors contributing to income disparity.
Verified Answer
Learning Objectives
- Understand the factors contributing to income disparity.
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