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Of the 1%, by the 1%, for the 1%

Authored by Sharon Perez

Social Studies

12th Grade

Used 7+ times

Of the 1%, by the 1%, for the 1%
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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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