Comparing the Distribution of Wealth of the Wealthiest 1% of the Population

question 93

Multiple Choice

Comparing the distribution of wealth of the wealthiest 1% of the population in the United States before and after the recent Great Recession to what occurred before and after the Great Depression,

• A) the percentage of the wealth of the wealthiest 1% increased after the recent Great Recession, unlike what happened after the Great Depression.
• B) the percentage of the wealth of the wealthiest 1% increased after the recent Great Recession, similar to what happened after the Great Depression.
• C) the percentage of the wealth of the wealthiest 1% declined after the recent Great Recession, unlike what happened after the Great Depression.
• D) the percentage of the wealth of the wealthiest 1% declined after the recent Great Recession, similar to what happened after the Great Depression.

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Definitions:

Leisure Time

Free time spent away from business, work, domestic chores, and education, as well as necessary activities such as eating and sleeping.

Clear Goal

A specific, well-defined, and easily understandable objective that an individual or group aims to achieve.

Deficiency Motives

Drives that arise from the lack of fundamental psychological or physiological needs.

Hierarchy Of Needs

A theory proposed by Abraham Maslow suggesting that human needs are arranged in a hierarchical order, with basic physical needs at the bottom and self-actualization at the top.