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The Following Is an Excerpt from William Pfaff's Analysis of the 2005

question 36

Multiple Choice

The following is an excerpt from William Pfaff's analysis of the 2005 French riots (Evaluating the Evidence 30.2) : "Their grandfathers came to France, mostly from North Africa, to do the hard labor in France's industrial reconstruction after the Second World War. Their fathers saw the work gradually dry up as Europe's economies slowed, following the first oil shock in the early 1970s. After that came unemployment. The unemployment rate in the zones where there has been the most violence is nearly 40 percent and among young people it is higher. Many of the young men in these places have never been offered a job. When they applied, their names often excluded them."
In this passage, Pfaff suggested that ____________ was a key underlying cause of the riots.


Definitions:

Investment Return

The profit or loss derived from investing capital, including dividends, capital gains, and interest.

Retaining Earnings

The practice of holding onto a company's profits to reinvest in the business rather than distributing them as dividends to shareholders.

Net Worth

The total assets minus total outside liabilities of an individual or a company.

Interest Rate

The cost of borrowing money or the return on savings, expressed as a percentage of the principal.

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