In Which Time Spans Did Inequality Between the Rich and the Poor

question 43

Multiple Choice

In which time spans did inequality between the rich and the poor decrease, and which policies had an impact on these changes?

• A) in the 1990s-2000s; Keynesian policies
• B) in the 1970s-1980s; neoliberal policies
• C) in the 1930s-1960s; Keynesian policies
• D) in the 1930s-1960s; neoliberal policies

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Definitions:

Corporation

A legal entity owned by stockholders whose liability is limited to the value of their stock ownership.

Partnership

A firm with multiple owners who share the profits and bear unlimited liability for the firm’s losses and debts.

Industrial Revolution

Development of large-scale factory production that began in Great Britain around 1750 and spread to the rest of Europe, North America, and Australia.

Worker Productivity

A measure of the output of goods and services produced by a worker within a certain period of time.