In Some Markets a Few Top Performers Receive a Disproportionate

question 23

Multiple Choice

In some markets a few top performers receive a disproportionate share of the rewards. Frank and Cook call this phenomenon

• A) capitalism.
• B) inevitable.
• C) liberalism.
• D) socialism.
• E) the winner-take-all effect.

---

Definitions:

Louis Wirth

A sociologist known for his work on urban life and social structures, particularly his studies on urbanization and its effects on social behavior.

Herbert Gans

An influential sociologist known for his work on urban issues, culture, and the concept of public space in American society.

Urbanism

The study of the characteristic ways of interaction of inhabitants in urban areas, which are distinct from rural areas.

Industrialized Nations

Countries characterized by advanced technological infrastructure and a high level of industrial production, often associated with higher standards of living.