According to the British Poet Rudyard Kipling, the "White Man's

question 22

Multiple Choice

According to the British poet Rudyard Kipling, the "white man's burden" was the responsibility to .

• A) manage global affairs
• B) civilize so-called racially inferior peoples
• C) develop new technologies
• D) maintain economic dominance

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Definitions:

Autonomous Consumption

the level of consumption that occurs when income is zero, representing the expenditures necessary to meet basic needs.

Disposable Income

Available cash for households to utilize in saving and spending after income taxes have been processed.

Savings

Money that is set aside from income for future use, often stored in a bank or invested to generate returns.

Disposable Income

Households' spendable and savable funds following income tax deductions.