One of the Main Reasons for the Relative Economic Security

question 109

Multiple Choice

One of the main reasons for the relative economic security of the elderly is that they:

• A)have a lot of support from the young
• B)are focused on many issues at once
• C)are well organized politically
• D)are focused on one or two issues at a time

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Definitions:

Income Gap

The disparity in the distribution of income within a population, typically between different socio-economic groups.

Neoliberalism

An economic and political ideology that emphasizes free-market capitalism, deregulation, and a reduction in government spending on social services.

Industrialization

The process by which an economy is transformed from primarily agricultural to one based on the manufacturing of goods, involving an increase in production, technological innovation, and infrastructure.

Tariffs

Taxes imposed by a government on imported or exported goods.