Describe the idea of winner-take-all markets as articulated by Frank and Cook.
What will be an ideal response?
Fields in which rewards are heavily concentrated in the hands of a few top performers.
You might also like to view...
Americans primarily understand social class to be based on social power
Indicate whether the statement is true or false
Economic development is associated with greater gender equality
a. True b. False Indicate whether the statement is true or false
Sociobiologist Edward O. Wilson scientifically proved his claim that genes are the dominant source of human social behaviors
Indicate whether the statement is true or false
Social Security and other New Deal programs were opposed by __________
a. mostlower-incomeAmericans and students b. many business interests and health care professionals c. most wealthy Americans and many business interests d. most wealthy Americans and many middle-income Americans