The Widening of the Gap Between Those with Wealth (The

question 47

Short Answer

The widening of the gap between those with wealth (the "haves")and those living in poverty (the "have-nots"),with a shrinking middle class,is known as a _________________

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Definitions:

Simple Annual Interest Rate

The percentage of the principal amount that will be charged or earned as interest, calculated once per year without compounding.

Investment

The allocation of resources, such as capital, with the expectation of generating an income or profit.

Days

The measurement of time, specifically the period of time that constitutes a 24-hour day.

Interest

A fee applied to borrowed funds, usually calculated as a percent of the principal amount.