Asked by habibatou diallo on Apr 28, 2024
Verified
Increases in income inequality in the United States are partially attributed to:
A) equal and rising increases in the salaries of low-wage workers.
B) the impact of technological innovation on the demand for labor.
C) a reduction in the effect of international trade on the economy.
D) stricter immigration policies.
Income Inequality
An imbalanced dispersion of income among participants in an economy on a household or individual basis.
Technological Innovation
The process of developing new technologies or improving existing ones to enhance productivity, efficiency, or overall value.
International Trade
The exchange of goods, services, and capital between countries and territories, influencing global economic activity.
- Recognize the elements that lead to increasing disparities in the United States, particularly the impact of technological evolution.
Verified Answer
Learning Objectives
- Recognize the elements that lead to increasing disparities in the United States, particularly the impact of technological evolution.
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