Asked by IGotYa
Which of the following factors was most responsible for an unequal distribution of wealth?
a. There was an increase in business profits.
b.Average Americans were not investing in the stock market.
c. Wages were not keeping pace with profits of business owners.
d. There was heavy regulation of certain businesses by the government.
All Answers 1
Answered by
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c. Wages were not keeping pace with profits of business owners.
When profits rose but wages remained stagnant, income and wealth concentrated with business owners and investors rather than being distributed to workers. The other options either describe secondary effects (a, b) or would tend to reduce concentration (d).
When profits rose but wages remained stagnant, income and wealth concentrated with business owners and investors rather than being distributed to workers. The other options either describe secondary effects (a, b) or would tend to reduce concentration (d).
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