Wealth and income are both important determinants of social class.Which of the following best characterizes the relationship between wealth and income in the United States?
A) Income disparities between rich and poor have increased in the past three decades,whereas wealth disparities have decreased during the same time.
B) Wealthy people almost always inherit their money;thus,there is no relationship between wealth and income.
C) The same factors that limit people's incomes also limit their ability to accumulate wealth.
D) While race,education,and age influence income,wealth is independent of these variables.

Question

Quizplus · Accepted Answer

The same factors that limit people's incomes, such as education, race, and age, also limit their ability to accumulate wealth, as wealth often builds on income.

Wealth and Income Are Both Important Determinants of Social Class