A reasonable degree of wealth mobility may be necessary, if the mechanisms that determine wealth differences in a society are to be regarded as ______.
A) Acceptable
B) Sufficient
C) Fair
D) Healthy
E) Poor

Question

Quizplus · Accepted Answer

If a society only allows for a small number of individuals or families to accumulate wealth over time, without any significant opportunity for those who start with less to improve their outcomes, then that society may be seen as unfair. A reasonable degree of wealth mobility, on the other hand, can allow for some level of meritocracy and ensure that hard work and talent are at least somewhat rewarded.

A Reasonable Degree of Wealth Mobility May Be Necessary, If