Historically, the effect of economic growth generally has been to make:
A)the poor poorer and the rich richer.
B)the poor richer and the rich poorer.
C)all income levels richer.
D)the rich richer but not affect the poor.

Question

Quizplus · Accepted Answer

Historically, economic growth has tended to benefit all income levels, making societies wealthier overall. While the distribution of these benefits can vary, leading to debates about inequality, the general trend is that economic growth lifts the incomes of both the poor and the rich.

Historically, the Effect of Economic Growth Generally Has Been to Make