Because we have so much of the nation's wages going to a small number of people at the top, and a bottom tier of wage earners at the lower income levels making very little, with the middle class squeezed between, the United States can be said to
have a(n)
A. strangled economy.
B. hourglass economy.
C. inverted economy.
D. none of these.
B
You might also like to view...
What Marxists call "marginal surplus population" refers to
a) employed workers. b) those who are relatively superfluous or useless to the economy. c) families with more than two children. d) the capitalist elite, who need not work.
Which term refers to subtle discrimination that effectively blocks the movement of women into the highest positions in organizations?
A. glass ceiling B. pink-collar ghetto C. intentional gender discrimination D. patriarchy
Which statement is TRUE regarding aging in LDCs?
a. The number of elderly in LDCs is showing large declines. b. The number of elderly in LDCs is showing large increases. c. The number of elderly in LDCs is showing small declines. d. The number of elderly in LDCs is showing small increases.
A social institution is a set of ideas about the way that specific, important _____ ought to be addressed.
a) biological instincts b) social needs c) economic needs d) personal desires e) political necessities