Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Read the student's summary of the original source shown here. Then, answer the question. Summary: Patterson explains in We the People that the enormous concentration

Read the student's summary of the original source shown here. Then, answer the question. Summary: Patterson explains in We the People that the enormous concentration of wealth and power in the United States exceeds that found in France and Great Britain. Major corporations have excessive influence over policy as well as wages and working conditions (Patterson 23). Original source: Enormous concentrations of wealth and power exist in the U.S. private sector, primarily in the hands of large corporations, like Google, Ford, and Bank of America. Corporate power operates in part through the influence that firms have with policymakers. Roughly two-thirds of all lobbyists in the nation's capital represent business firms, which also contribute heavily to political candidates. Corporate power can also be seen in the workplace, where U.S. firms have greater control over wages and working conditions than do firms in other Western democracies. The annual income of a minimum-wage worker, for instance, is roughly $15,000 in the United States, compared with roughly $18,000 in France and $22,000 in Great Britain. Source: Patterson, Thomas. We the People. 10th ed., McGraw Educ., 2013. Which of these options is an effective and accurate revision of the flawed summary? Multiple choice question. Patterson explains in We the People that the US private sector has wealth and power, which it uses to influence policymakers and the workplace to keep a low minimum wage (23). Patterson notes in We the People that the concentration of wealth and power in the United States has given large corporations the ability to have a big influence on policy (23). Lobbyists and campaign contributors influence policymakers, Patterson says in We the People. Also, corporations have great control over wages and working conditions (Patterson 23). As Patterson explains in We the People, US corporations and the wealthy gain power through lobby groups and campaign contributions. They also influence workplace policy (Patterson 23)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics of Managerial Decisions

Authors: Roger Blair, Mark Rush

1st edition

134166167, 978-0134166162, 9780134140773 , 978-0133548235

More Books

Students also viewed these Economics questions

Question

3. What is my goal?

Answered: 1 week ago

Question

2. I try to be as logical as possible

Answered: 1 week ago