Policies That Redistribute Income

question 71

Multiple Choice

Policies that redistribute income

• A)reduce the rewards of high-income earners.
• B)raise the rewards of low-income earners.
• C)reduce the incentive to earn high income.
• D)All of the above are correct.

---

Definitions:

Totalitarianism

A political system in which the state recognizes no limits to its authority and strives to regulate every aspect of public and private life wherever feasible.

Segregation

The enforced separation of different racial groups in a country, community, or establishment, often discussed in the context of historical and modern social issues.

Economic Market

A system where buyers and sellers engage in the exchange of goods and services, often guided by supply and demand principles.

Anticommunism

Opposition to communism, often characterized by political and ideological resistance to countries or movements associated with communist ideologies.