Over the last century, wealth inequality in the United States has followed a_____.
A) L-shaped pattern, falling dramatically in the 1960s and remaining low since then
B) S-shaped pattern, rising and falling in repeating cycles every ten to fifteen years
C) U-shaped pattern, peaking in 1929, falling between 1929 and 1978, and continuously increasing since 1978
D) mountain-shaped pattern, rising steadily between 1920 and 1960, peaking in the early 1960s, and falling continuously since 1970

Question

Quizplus · Accepted Answer

Wealth inequality in the United States has followed a U-shaped pattern, with a peak in 1929, a decline until the late 1970s, and a continuous increase since then.

Over the Last Century, Wealth Inequality in the United States