Minority Groups in the United States Have, on Average, Significantly

question 12

Multiple Choice

Minority groups in the United States have, on average, significantly lower net worth than White Americans, even when the two have similar education, income, and occupations. Sociologists partially attribute the wealth gap to discriminatory housing policies common before the Fair Housing Act of 1968. This is an example of which of the following?

• A) scapegoating
• B) stereotyping
• C) side-effect discrimination
• D) past-in-present discrimination

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Definitions:

Suppliers Concentrated

A market condition where a small number of suppliers provide a large portion of products or services.

Switching Costs

Expenses that a consumer or company incurs as a result of changing from one product, service, supplier, or system to another.

Supplier Power

The level of control and influence that suppliers have over the price and availability of their products or services in the market.

Non-Critical Inputs

Components or materials that are not essential to the core function or operation of a product or process.