Middle Class
When the middle class does not have any economic gains, the "virtuous cycle" system turns into...
What is the "vicious cycle?"
American President who established Trickle Down Economics in the American economy.
Who is Ronald Reagan?
This country invested substantially in Education.
What is Germany?
Big companies are not designed to create jobs, but rather...
What is profit?
A kind of social mobility that measures the rate at which a person moves up in their socioeconomic status
What is upward mobility?
Former President Bill Clinton's economic plan with Robert Reich to expand the middle class was called...
What is "Putting People First?"
In Trickle Down Economics, the purpose of cutting taxes for the rich is...
What is job creation?
This University was the top contributor for Education in 2018.
What is the University of California?
After the Reagan administration, the tax rate of corporations changed to equate to small amounts, and thus corporate taxes are at an all time low. This is because most of corporations' income is now...
What is capital gain?
Kind of mobility that measures someone’s ability to improve their income over their lifetime
What is economic mobility?
What is longer hours?
Trickle Down Economics claims that tax cuts on the wealthy will eventually lead to..
A sum of money charged for teaching or instruction by a school, college, or university.
What is Tuition?
Large manufacturing workers began to lose their jobs and wages due to corporations implementing technology and automation into their factories. The term to describe this industrial concept is called...
What is globalization?
Mobility or change in social status from one generation to another
What is intergenerational mobility?
The most pro-business thing you can do to invest in is the...
What is the middle class?
Critics claim that Trickle Down Economics will make this issue worse instead of fixing it.
Tuition was free during this decade.
What is Education in the 1960s?
CEOs/stockholders have cut labor costs and increased prices for consumerism to make the company more profitable. The term that describes the economic system and goal of corporations and the wealthy is called...
What is capitalism?
Percent of children in the U.S. born into poverty that won’t be able to move in their social status
What is 42 percent?
The average household income in the middle class is...
What is $50,000?
What is the 1980s?
This organization was the top lobbying clients for Education in 2022.
What is the Association of American Medical College?
Approximately 400 individuals have more wealth than half the U.S. population, as the top 1% continue to have income peaks each year. Annually, individuals the top 1% have an average income of...
What is $380,000?
The imposition of __ by the government that has greatly affected the ability for people to move in their social status.
What is taxation?