Question
a. Please explain 6 factors that have contributed to increased income inequality since 1969, b. What are 6 results of the growing income inequality in
a. Please explain 6 factors that have contributed to increased income inequality since 1969, b. What are 6 results of the growing income inequality in America. c. For each of the items listed above in part b, explain what might be done to eliminate the problems that cause growing income inequality d. Explain how discrimination reduces domestic output and income, i. Look at the items under Discrimination in the notes and explain how each contributes to the reduction of domestic output and income. e. Explain the difference between Social Insurance Programs and Public Assistance Programs, and give 3 examples of each. i. Social Insurance 1. What is it? 2. Explain the 3 examples relative to what they do for the beneficiaries of each program. ii. Public Assistance 1. What is it? 2. Explain 3 of the examples relative to what they do for the beneficiaries of each program. f. Discuss the pros and cons of reducing spending on these two types of programs relative to stimulating economic growth. i. Some Google research should help with this
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