One Theory Which Seeks to Explain Why Inequality Increases with Age

question 34

Multiple Choice

One theory which seeks to explain why inequality increases with age is the:

• A) age stratification theory.
• B) age inequality theory.
• C) theory of cumulative disadvantage.
• D) demographic transition theory.

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Definitions:

Financial Crisis

A situation where financial assets suddenly lose a large part of their nominal value, often leading to a collapse of markets and economies.

Weakening

A term often used to describe a decline in the strength or value of an asset or currency.

Portfolio Investment

Investments in a variety of financial assets, such as stocks, bonds, and commodities, to diversify risks.

Direct Investment

Refers to buying and holding a significant amount of interest in a foreign company or investing in a manner that grants control over the operations and management.