Government intervention can help an economy deter economic inequality. Which of the following examples is a form of government intervention in the United States? Select all that apply 1. Social security 2. Welfare 3.breaking up monopolies 4. Free secondary education
Government intervention can help an economy deter economic inequality. Which of the following examples is a form of government intervention in the United States? Select all that apply 1. Social security 2. Welfare 3.breaking up monopolies 4. Free secondary education
Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter18: Income Distribution And Poverty
Section: Chapter Questions
Problem 11QFR
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Government intervention can help an economy deter economic inequality. Which of the following examples is a form of government intervention in the United States? Select all that apply
1. Social security
2. Welfare
3.breaking up monopolies
4. Free secondary education
Expert Solution
Step 1
People's varied positions within the economic distribution - income, earnings, and wealth - are the most apparent manifestations of economic inequality. People's economic situations, on the other hand, are influenced by factors such as handicap, ethnic heritage, and gender. The government often intervenes so as to reinstate economic equality.
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