Which of the Following Best Describes Systematic Inequality

question 50

Multiple Choice

Which of the following best describes systematic inequality?

• A) deep-seated disparity in the distribution of wealth
• B) the gap between advanced and developing countries in terms of access to modern technology
• C) the social process of making unimportant or powerless certain groups within society
• D) the extraction of profits from the resources and labor of others in an unjust way

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Definitions:

World Price

The international price at which goods are traded between countries, influencing domestic prices and the balance of trade.

Comparative Advantage

The ability of a country or entity to produce a specific good or service at a lower opportunity cost than others, leading to specialization in trade.

Tires

Rubber-based components that fit around the rims of wheels to provide vehicles with traction, support, and a cushion from the impact of the road.

Microchips

Small semiconductor devices containing electrical circuits that can perform calculations or store data.