The gap between rich and poor widened in the 1980s and 1990s for all of the following reasons except

Question

Quizplus · Accepted Answer

The tax policies of the Carter and Clinton administrations were not significant factors in the widening gap between the rich and poor. The other options all contributed to the growing income inequality during this time period. Global economic competition led to the outsourcing of jobs and a decline in wages, the decline of labor unions weakened the bargaining power of workers, the shrinking number of unskilled manufacturing jobs left many without well-paying options, and the increasing value placed on education resulted in greater economic rewards for those with higher levels of education.

The Gap Between Rich and Poor Widened in the 1980s