Pepe Believes That We Need to Consider Forces Beyond Natural

question 64

Multiple Choice

Pepe believes that we need to consider forces beyond natural disasters and other natural forces when we talk about global inequality. Which answer best explains why he might feel this way?

• A) Social forces also play a factor in large groups of people going without food.
• B) Considering only natural forces does not take into account individual perceptions of control over resources and access to opportunity.
• C) Pepe must be a Marxist, because only Marxists try to catalog factors for inequality that are not naturally occurring.
• D) Pepe understands that natural forces do not affect global hunger.

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Definitions:

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.

Marginal Resource Cost

The extra expense resulting from the consumption of an additional unit of a resource.

CEO Pay

The compensation package awarded to the chief executive officer of a corporation, which may include salary, bonuses, stock options, and other benefits.

Competitive Labor Market

A market in which workers compete for jobs and employers compete for workers, resulting in the equilibrium wage rate being determined.