Which of the Following Statements Correctly Characterizes the Distribution of Colonial

question 12

Multiple Choice

Which of the following statements correctly characterizes the distribution of colonial wealth?

• A) Colonial wealth was distributed equally across the population.
• B) While the distribution wealth was highly concentrated in the South, New England and the c.  Middle colonies had very equal wealth distributions.
• C) Wealth inequality tended to be greatest in colonial cities.
• D) A permanent underclass of free poor people developed during the colonial period.

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Definitions:

Consumption Sector

The part of the economy that involves the purchase and use of goods and services by households.

Social Security

A government program that provides financial support to people who are retired, disabled, or survivors of deceased workers.

Payroll Tax

Assessments required from employers or their employees, usually expressed as a percentage of the remuneration that staff earn.

Federal Income Taxes

Taxes levied by the national government on individual and business earnings.