Examlex
Which of the following is true of the First Continental Congress?
Progressive Tax
A taxation system where the tax rate increases as the taxable amount (income or profits) increases, placing a larger financial responsibility on wealthier individuals.
Human-Capital
The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
Social-Capital
The interconnected web of interactions among individuals residing and operating within a specific community, facilitating the smooth functioning of that society.
Income Inequality
The uneven distribution of income within a population, leading to financial disparity among its members.
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