what chart? All I see is a
1.
can anyone help me with this chart
1. Distribution of Wealth in Colonial America 1700 1730 1760
Proportion of wealth held by the richest tenth… 45% 50% 54%
Median level of wealth (midpoint of all the wealth holders… L 50 L 55 L 60
Proportion of people with less than L 20 in property… 25% 30% 35%
L means pounds. The chart increases from 1700 to 1730 to 1760
Which of the following conclusions can be drawn from the table above?
a. An increasing concentration of wealth means that a few benefit at the expense of everyone else.
b. A rising proportion of men without property is bad for everyone.
c. Even when the rich have more property and the poor less, the rest of the people may increase their wealth.
d. An increase in the median level of wealth means that everybody is better off.
e. During the period 1700-1760, only the richest men increased their wealth.
I think the answer is A
6 answers
1. Distribution of Wealth in Colonial America 1700 1730 1760
Proportion of wealth held by the richest tenth… 45% 50% 54%
Median level of wealth (midpoint of all the wealth holders… L 50 L 55 L 60
Proportion of people with less than L20 in property… 25% 30% 35%
The L means pounds.
Which of the following conclusions can be drawn from the table above?
a. An increasing concentration of wealth means that a few benefit at the expense of everyone else.
b. A rising proportion of men without property is bad for everyone.
c. Even when the rich have more property and the poor less, the rest of the people may increase their wealth.
d. An increase in the median level of wealth means that everybody is better off.
e. During the period 1700-1760, only the richest men increased their wealth.
I think the answer is A
Proportion of wealth held by the richest tenth… 45% 50% 54%
Median level of wealth (midpoint of all the wealth holders… L 50 L 55 L 60
Proportion of people with less than L20 in property… 25% 30% 35%
The L means pounds.
Which of the following conclusions can be drawn from the table above?
a. An increasing concentration of wealth means that a few benefit at the expense of everyone else.
b. A rising proportion of men without property is bad for everyone.
c. Even when the rich have more property and the poor less, the rest of the people may increase their wealth.
d. An increase in the median level of wealth means that everybody is better off.
e. During the period 1700-1760, only the richest men increased their wealth.
I think the answer is A
1. Distribution of Wealth in Colonial America 1700 1730 1760
Proportion of wealth held by the richest tenth… 45% 50% 54%
Median level of wealth (midpoint of all the wealth holders… L 50 L 55 L 60
Proportion of people with less than L20 in property… 25% 30% 35%
Which of the following conclusions can be drawn from the table above?
a. An increasing concentration of wealth means that a few benefit at the expense of everyone else.
b. A rising proportion of men without property is bad for everyone.
c. Even when the rich have more property and the poor less, the rest of the people may increase their wealth.
d. An increase in the median level of wealth means that everybody is better off.
e. During the period 1700-1760, only the richest men increased their wealth.
I think the answer is A
Proportion of wealth held by the richest tenth… 45% 50% 54%
Median level of wealth (midpoint of all the wealth holders… L 50 L 55 L 60
Proportion of people with less than L20 in property… 25% 30% 35%
Which of the following conclusions can be drawn from the table above?
a. An increasing concentration of wealth means that a few benefit at the expense of everyone else.
b. A rising proportion of men without property is bad for everyone.
c. Even when the rich have more property and the poor less, the rest of the people may increase their wealth.
d. An increase in the median level of wealth means that everybody is better off.
e. During the period 1700-1760, only the richest men increased their wealth.
I think the answer is A
I agree.
could it be c also or no
C. might be true, but can't be determined from this data.
1 answer