Which of the following contributes to the growing income inequality in the United States?
A)the progressive tax structure
B)the decline in manufacturing jobs
C)the deep impact of the financial recession on the wealthy
D)the high rate of inflation

Question

Quizplus · Accepted Answer

The decline in manufacturing jobs has contributed to the growing income inequality in the United States, as these were often middle-class jobs that provided stable incomes and benefits. As these jobs have disappeared, lower-skilled workers have had to compete for lower-paying jobs, while those with higher education and skills have been able to secure higher-paying jobs in the tech or service sector. The other choices, the progressive tax structure, the impact of the financial recession, and the high rate of inflation, do not directly contribute to income inequality.

Which of the Following Contributes to the Growing Income Inequality