_____ occurs when the middle class shrinks, resulting in highly concentrated wealth amongst the rich and a large number of poor people with very few resources.

A) Communism
B) Socialism
C) Bimodal wealth distribution
D) A two-class social structure
E) Laissez-faire capitalism

Bimodal Wealth Distribution

A type of wealth distribution in a society where the majority of resources are held by two distinct groups, creating a gap between a small, wealthy class and a larger, less affluent class.

Middle Class

A social group between the upper and working classes, typically characterized by moderate income, education, and professional jobs.

Highly Concentrated Wealth

A situation where a significant portion of wealth is held by a very small percentage of the population, leading to economic disparities.