Why Do Relatively Prosperous People Tend to Live in the Cheaper

question 23

Multiple Choice

Why do relatively prosperous people tend to live in the cheaper land in the suburbs while the poor tend to concentrate in the inner city?

• A) Prosperous people have access to better transportation.
• B) tax incentives
• C) historical inertia
• D) institutionalized racial segregation in housing
• E) It is a random result.

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Definitions:

Marketing Chain

The series of processes and activities involved in moving a product from producer to consumer, including distribution and selling.

Vertical Merger

A merger between companies in the same industry but at different stages of the production process, such as a manufacturer merging with a supplier.

Horizontal Merger

A business consolidation that occurs between firms operating in the same industry.

Conglomerate Merger

A merger between companies operating in different industries, aimed at diversification or expansion of a corporate portfolio.