Of the 1%, by the 1%, for the 1%
Quiz
•
Social Studies
•
12th Grade
•
Practice Problem
•
Hard
Sharon Perez
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12 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What percentage of Americans take nearly a quarter of the nation's income?
1%
10%
25%
40%
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
In terms of wealth, what percentage is controlled by the top 1 percent?
12%
25%
33%
40%
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
How much have the incomes of the top 1 percent risen over the past decade?
12%
18%
25%
33%
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What has happened to the incomes of those in the middle?
Risen
Remained the same
Fallen
Doubled
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which continent has the highest income equality among America's closest counterparts?
Australia
Asia
Africa
Europe
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What theory justifies higher incomes with higher productivity and contribution to society?
Marginal-productivity theory
Supply and demand theory
Trickle-down theory
Monopoly theory
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What sector did many talented young people go into instead of fields that would lead to a more productive and healthy economy?
Finance
Education
Technology
Healthcare
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