Recent Data Suggests That the Kuznets Hypothesis Must Be Modified

question 26

Multiple Choice

Recent data suggests that the Kuznets hypothesis must be modified in the following way: Inequality of wealth and income increases during the early phases of economic growth when the transition from pre-industrial to industrial society is most rapid, stabilizes for awhile,

• A) decreases in the later phases of industrialization.
• B) and then becomes subject to political negotiation.
• C) becomes erratic, responding to rapid shifts in the economy.
• D) increases in the later phases of industrialization.
• E) retroactively affects the wealthy.

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Definitions:

Feeling-Type

Refers to a personality trait characterized by the tendency to make decisions based on emotions, values, and personal considerations rather than objective analysis.

Cognitive-Type

A category or classification based on styles of perception, thinking, and problem-solving.

Sensation-Type

A reference to a personality characteristic in psychological typologies, describing individuals who prefer to rely on direct sensory experience and factual information in their perceptions and decisions.

Problem-focused Coping

A coping strategy that aims to address the source of stress by altering the stressor or one’s behavior towards it.