One of the More Disturbing Trends That Became Apparent in the 1990s

question 78

Multiple Choice

One of the more disturbing trends that became apparent in the 1990s was

• A) a movement toward more equitable income distribution.
• B) a decline in median household incomes and a squeeze on the middle class.
• C) an increasing number of working-class Americans now moving into the middle class.
• D) a dramatic drop in home ownership and mortgage lending.
• E) the solidification of the welfare state.

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Definitions:

Showrooming

The consumer practice of examining products in a brick-and-mortar retail store without purchasing them there, then buying the product online at a lower price.

Consumer Electronics

Electrical devices intended for everyday use by individuals, such as smartphones, televisions, and laptops.

Cross-channel Shopping

The behavior of consumers who research products, compare prices, and make purchases across multiple retail channels, including online and offline.

Auction Site

A website where goods or services are sold to the highest bidder through a competitive bidding process.