Which Is Not a Part of the Reason the U

question 19

Multiple Choice

Which is not a part of the reason the U.S. economic class system is not strongly developed?

• A) Historical factors.
• B) Social inequality.
• C) The government and market economy.
• D) U.S. ideology that sees class consciousness as a negative trait.

---

Definitions:

Interest Rate

Interest rate is the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Fractional-reserve Banking

A banking system where banks hold only a fraction of their deposits in reserve, lending the rest to generate profits.

Money Supply

The collective volume of monetary assets within an economy at a certain point, including cash, coins, and balances in checking and savings accounts.

Fractional-reserve Banking

A banking system where banks hold only a fraction of deposits as reserves and lend out the remainder, thereby creating additional money supply.