1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vlada [557]
1 year ago
8

How has the timing of the transition to a free-market economy been used to partially explain the great difference in inequality

and poverty between the united states and other advanced democracies?
Business
1 answer:
Lilit [14]1 year ago
5 0

Inequality of wealth is a pressing issue right now, both in the US and abroad.

Political scientists should participate in the discussion about wealth inequality, which is a hot topic right now. There is scant proof that democracy and wealth disparity are always related. Although democracy offers numerous benefits, nations do not always move toward greater economic equality as a result.

This isn't because public policy doesn't matter; rather, it's because democracies don't always enact measures that equalize wealth. It is less likely that societies where there are cleavages other than money will embrace wealth-equalizing policies. The impact of democratic politics on wealth is also substantially influenced by voters' perceptions of justice.

Because wealth is not only unequal but also due to this position arose for what voters believe to be unfair causes, voters are most inclined to back redistribution or programs that promote equal chances. Finally, it's also conceivable that wealthy individuals could seize control of democratic politics. Examining when, why, and why this problem of capturing is much more acute in practice is an essential area for future research.

Learn more about inequality here:

brainly.com/question/24143597

#SPJ4

You might be interested in
What is the main type of health care system does the united states currently have?
Fynjy0 [20]
A national health<span> insurance </span>system<span>, or single-payer </span>system<span>, in which a single government entity acts as the administrator to collect all </span>health care<span> fees, and pay out all </span>health care<span> costs. Medical services are publicly financed but not publicly provided. Canada, Denmark, Taiwan, and Sweden </span>have<span> single-payer </span>systems<span>.</span>
8 0
3 years ago
A concentration ratio indicates the:
MaRussiya [10]

Answer:

The correct answer is letter "A": number of firms in an industry.

Explanation:

A concentration ratio measures the number of competitors within the same industry. The lowest concentration ratio of a firm, it represents there are more market rivals. The highest the concentration ratio, the lower the number of competitors of the firm. The ratio is expressed in percentage terms. A firm having a 100% concentration ratio is a monopoly.

8 0
3 years ago
Asher buys a linen suit from Miriam and gives it to his father, Moises. Moises takes the suit to Vanessa, who runs a local dry c
andrezito [222]
This doesn’t even make any sense
7 0
2 years ago
With recent reports of identity theft, Mr. Adams, the CEO of a construction company, is concerned about his employees' privacy,
Ket [755]

Answer:

Moral Rights

Explanation:

Mr. Adams' concerns with privacy and health and safety are key elements in the <u>Moral Rights</u> approach to deciding ethical dilemmas

5 0
3 years ago
During​ December, LafertyLaferty designed a landscape plan and the client prepaid $ 8 comma 000$8,000. LafertyLaferty recorded t
liubo4ka [24]

Answer:

The answer is:

Dr Unearned Service Revenue 4,800

Cr Service Revenue 4,800

Explanation:

Since Laferty completed 60% of the landscape plan during this year, they should record $4,800 as earned revenue ($8,000 x 60%), while the remaining $3,200 should stay as unearned revenue. The journal entries should be as follows:

Dr Unearned Service Revenue 4,800

Cr Service Revenue 4,800

5 0
2 years ago
Other questions:
  • How do businesses help a country’s economy
    8·1 answer
  • Freehan Company’s accounting records has the following information about its inventory:
    13·1 answer
  • Patterson Brothers recently reported an EBITDA of $5.5 million and net income of $1.5 million. It had $2.0 million of interest e
    13·1 answer
  • Parks Corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. The
    9·1 answer
  • Interest earnings of 4 percent with a $450 minimum balance; average monthly balance, $600; monthly service charge of $20 for fal
    8·1 answer
  • Given the following financial structure for Company S for all of 2016:
    11·1 answer
  • The entry to record the amortization of a premium on bonds payable on an interest payment date would Group of answer choices a d
    7·1 answer
  • On the basis of the information and assuming trade occurs between the three states, we can expect: Group of answer choices Texas
    9·1 answer
  • Texas charges 8.5 percent for sales tax. Minnesota doesn’t charge sales tax on clothing. A resident of Texas is going on a trip
    14·2 answers
  • During 2011, Gum Co. introduced a new product carrying a two- year warranty against defects.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!