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. Americans of all income levels have experienced declining incomes.

Answer 1

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."

In recent decades, there has been a noticeable increase in wealth concentration among higher-income individuals, while wealth growth for lower and middle-income groups has generally lagged behind.