An Economy Where There Is a Wide Gap Between the Compensation

question 8

Multiple Choice

An economy where there is a wide gap between the compensation of the top people in certain fields and the merely competent people is called a(n)

• A) inequality economy.
• B) superstar economy.
• C) hyperinflation economy.
• D) competitive economy.

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Definitions:

Trobrianders

An indigenous Melanesian people living on the Trobriand Islands in Papua New Guinea, known for their unique social structure and cultural practices.

Marry

The act of joining two people together in a legal or ceremonial relationship.

Young Man's House

A communal living space or institution in certain cultures where young, unmarried men reside as part of their transition into adulthood.

Trobriand Island

A group of islands in the western Pacific Ocean, known for their unique matrilineal culture and extensive ethnographic study by Bronislaw Malinowski.