Question

23. What role did the government play in creating more wealth for the riches Americans?

Answer 1

Role that the government play in creating more wealth for the riches Americans:

• The government in the United States majorly in the year 1970 played roles because of which the rich even became richer and these policies crushed the poor people and the middle class.
• It very easily provided occupational licensing and intellectual property rights making it easier for the rich and tough for the poor to have access over certain things.
• There was sales tax on basic necessity like bread but not on bonds. The use of the land was also not made equal by the government and was more with the rich. All this increased the inequalities even more.