The experience of the high-growth Asian economies has brought attention to predictions about income inequality made by Kuznets.He predicted that at first income inequality would ________ as economies began to develop.In the HPAE's experience,it ________.
A)rise; rose
B)decrease; decreased
C)rise; fell
D)fall; rose

Question

Quizplus · Accepted Answer

Kuznets predicted that income inequality would initially rise as economies developed, but then decrease once a certain level of industrialization and education was reached. However, in the experience of the high-growth Asian economies, income inequality initially rose but then fell as these countries implemented policies such as land reforms and investment in education and social welfare programs. Therefore, the best choice is C, as it reflects the initial rise in income inequality followed by a later fall.

The Experience of the High-Growth Asian Economies Has Brought Attention