In the Late 1920s,the U

question 181

Multiple Choice

In the late 1920s,the U.S.economy experienced a decrease in investment,which perhaps triggered the Great Depression.The decrease in investment

• A)increased aggregate supply.
• B)decreased aggregate supply.
• C)increased aggregate demand.
• D)decreased aggregate demand.
• E)increased potential GDP.

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Definitions:

Black Underclass

A segment of the African American community experiencing systemic socio-economic disadvantages and discrimination, often living in poor urban areas.

William Julius Wilson

An influential American sociologist noted for his work on urban sociology, race, and class in the United States.

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Elements that influence a country's economy, including inflation rates, employment levels, gross domestic product, and consumer spending.

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A sociologist best known for co-developing the theory of racial formation in the United States, which examines how social, economic, and political forces determine the content and importance of racial categories.