Which of the Following Helped Transform the Budget Deficits of the Early

question 141

Multiple Choice

Which of the following helped transform the budget deficits of the early 1990s into surpluses later in the decade?

• A) Rapid growth in the number of persons moving into the retirement phase of life during the 1990s
• B) A reduction in defense expenditures following the end of the Cold War
• C) A 1997 increase in the tax rate imposed on income derived from capital gains
• D) A reduction in Social Security and health-care benefits during the 1990s

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Definitions:

Parsons's Argument

A theoretical perspective proposed by sociologist Talcott Parsons, which emphasizes the role of social institutions in maintaining societal stability and cohesion through a shared value system.

Foraging Societies

Societies that rely on gathering, hunting, and fishing for sustenance rather than agricultural or industrial means of food production.

Socialization

The lifelong process through which individuals learn and internalize the norms, values, and behaviors appropriate to their society, shaping their personality and social skills.

At Least Two Wives

Pertains to the practice of polygamy, specifically polygyny, where a man is married to two or more wives simultaneously.