Which of the Following Would Be LEAST Likely to Contribute

question 43

Multiple Choice

Which of the following would be LEAST likely to contribute to income inequality in the United States?

• A) differences in the amount of education and training people receive
• B) perfectly competitive, homogeneous resource markets
• C) differences in inherited wealth
• D) the possession of unique abilities and skills
• E) monopoly power

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Definitions:

Esther Reed

An American Revolutionary War figure known for organizing women to provide support for soldiers, highlighting the role of women in the war effort.

Sarah Franklin Bache

An influential figure during the American Revolutionary War era, known for her charitable work and as the daughter of Benjamin Franklin.

Economic Independence

The condition where an individual possesses enough personal assets to sustain their lifestyle without the need for earning income through any type of job.

Abigail Adams

The wife of John Adams, the second President of the United States, renowned for her early advocacy of women’s rights and her influential role as a First Lady.