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49
Rich getting richer/ poor poorer? Who says no? Why (3 reasons)?
Gene Smiley
1) tax rates were decreasing from the wealthy
2) WWI put a slow on increasing inequality of income
3) sometimes income is not a great measure of standards of living or inequality; most people improved their standards of living without significant increase in income (credit)
1) tax rates were decreasing from the wealthy
2) WWI put a slow on increasing inequality of income
3) sometimes income is not a great measure of standards of living or inequality; most people improved their standards of living without significant increase in income (credit)
Flashcard info:
Author: savhighsmith
Main topic: Economics
Topic: History of Economics
School / Univ.: UGA
City: Athens
Published: 15.11.2010