According to the Textbook,market-Oriented Theories of Global Inequality Assume That

question 33

Multiple Choice

According to the textbook,market-oriented theories of global inequality assume that the best possible economic consequences will result if

• A) competent politicians carefully regulate markets.
• B) cooperative enterprises replace privately owned businesses to create egalitarian markets.
• C) individuals are uninhibited by any form of governmental constraint to make their own economic decisions.
• D) the public is provided with free access to public education.

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Definitions:

Black Poverty

A term referring to the disproportionately high rates of poverty among Black or African American communities.

Human Capital

The accumulation of knowledge and skills that make a worker productive.

Great Society Program

A set of domestic policy initiatives launched by President Lyndon B. Johnson aimed at eliminating poverty and racial injustice.

1960s

A decade marked by major political and social change globally, including the Civil Rights Movement in the United States, the Vietnam War, and the rise of counterculture.