Asked by
Caleb Koffler
on Nov 26, 2024Verified
Wealth in the United States is
A) distributed in a way that reduces the degree of income inequality.
B) more unequally distributed than is income.
C) less unequally distributed than is income.
D) distributed in a way that has no effect on income inequality.
Wealth Distribution
The manner in which wealth is distributed among the individuals in a society.
Income Inequality
Income inequality describes the extent to which income is distributed unevenly among a population.
Unequally Distributed
Refers to an unequal allocation or distribution of resources, wealth, or opportunities among different individuals or groups.
- Discern the distinctions between income and wealth, and understand their distribution.
- Evaluate the consequences of disparities in income and wealth for society and the economic landscape.
Verified Answer
RB
Learning Objectives
- Discern the distinctions between income and wealth, and understand their distribution.
- Evaluate the consequences of disparities in income and wealth for society and the economic landscape.