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The Trend Most Responsible for the Gap Between the Rich

question 73

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The trend most responsible for the gap between the rich and poor increasing for the past fifty years is:

Explain the social functions of specific emotions such as guilt, shame, and embarrassment.
Describe strategies for managing and altering one's emotional states.
Understand the distinction between social emotions and fundamental emotions.
Understand the role of labeling in the experience of emotions according to the four-factor model.

Definitions:

Global Inequality

The uneven distribution of resources, wealth, opportunities, and power across countries and populations worldwide.

Trickle-down Economics

An economic theory that advocates reducing taxes on businesses and the wealthy in society as a means to stimulate business investment in the short term and benefit society at large in the long term.

Dependency Theory

A theory in international relations and economic development positing that resources flow from a "periphery" of poor and underdeveloped states to a "core" of wealthy states, perpetuating neocolonial dependency.

Capitalist Economic System

An economic system based on private ownership of the means of production and where prices, production, and distribution of goods are determined by competition in a free market.

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