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Sebastian Sibrian
on Nov 16, 2024

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Which of the following does not explain the rise in income inequality in the United States from 1970 to 2017?

A) Changes in technology.
B) An increase in minimum wages.
C) A reduction in the demand for unskilled labor.
D) Increased international trade with low-wage countries.

Income Inequality

The imbalanced sharing of income among participants in an economy, affecting individuals and households differently.

Minimum Wages

The minimum wage allowed by law for workers.

Unskilled Labor

Workforce with no specific skills or qualifications, typically performing simple tasks that require minimal training.

  • Assess the role of government policies in affecting poverty and differences in earnings.
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Crystal SookhaiNov 21, 2024
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