Which of the following is the most important reason for growing inequality in the income distribution in the United States?

Question

Quizplus · Accepted Answer

An increase in demand for highly educated workers has resulted in higher wages for those with advanced degrees, leading to growing income inequality in the United States. As technology advances and the U.S. economy becomes more knowledge-based, there has been a shift away from manual labor jobs towards more specialized jobs that require education and training. This has resulted in higher wages for those able to obtain these specialized skills, while those without such skills have seen stagnant wages and even job losses.

Which of the Following Is the Most Important Reason for Growing