Question
Which of the following correctly summarizes an economic trend in recent U.S. history?
(1 point)
Responses
People with lower incomes have gained a larger share of wealth.
People with lower incomes have gained a larger share of wealth.
There has been little change in the distribution of wealth.
There has been little change in the distribution of wealth.
People with higher incomes have gained a larger share of wealth.
People with higher incomes have gained a larger share of wealth.
Americans of all income levels have experienced declining incomes.
1 answer
The statement that correctly summarizes an economic trend in recent U.S. history is:
People with higher incomes have gained a larger share of wealth.
This reflects the trend of increasing wealth inequality observed in recent decades, where the wealth accumulation has disproportionately favored those in higher income brackets.
1 answer
2 answers
1 answer
1 answer