Asked by Chase Freriks on May 12, 2024
Verified
Which of the following is NOT a reason for the rising income inequality in America?
A) Many workers do not want the minimum wage jobs that are available to them.
B) Minimum wages have been too low to lift many families out of poverty.
C) The growth of imports produced by unskilled laborers in other countries has decreased the need for similar labor in the U.S.
D) Unemployment and the number of low-wage jobs has increased.
Income Inequality
The unequal distribution of income across various participants in an economy.
Minimum Wage Jobs
Positions of employment that pay the lowest legal amount permissible by law, often requiring unskilled labor.
Growth of Imports
The increase in the volume or value of goods and services brought into one country from another over a specific period.
- Discern the ramifications of income inequality and economic burdens among different social echelons.
Verified Answer
Learning Objectives
- Discern the ramifications of income inequality and economic burdens among different social echelons.
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