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WorksheetsIncome and Wealth Inequality: Crash Course Economics #17
Total questions: 10
Worksheet time: 3hrs 30mins
What are the two main types of economic inequality?
wealth inequality
income inequality
social inequality
energy inequality
Global wealth is distributed equally around the globe.
False
True
Branko Milanovic was an economist that specialized in ...
inequality
banking
scarcity
distribution
Globalization has helped rich people more than it has helped poor people.
True
False
If you only have a high school diploma and no college degree, you can expect your salary to ...
decrease with time.
increase with time.
stay the same over time.
Max Lorenz created a graph to show ...
inequality
distribution
wealth
trade
There is a debate over whether income equality actually exists.
False
True
More income inequality promotes more _____ inequality.
political
trade
distribution
health
____________ is the key to reducing the income gap.
Education
Political power
A new economic system
A _______ tax is one in which the tax rate increases as the taxable amount increases.
progressive
regressive
social
communist
