Hard
By the year 1999, there were many people living in zones of poverty. What was the percentage of people living in neighborhoods with poverty before it increased and after it?
It was from 78.2 percent to 81.5 percent
What was the reason for labor productivity to decrease?
It was because of extremely high wage growth
When did inequality rise to its highest level?
Since World War II
In the year 1970, how much did the rate of poverty increase over the years?
About 60% to 70% percent in the earlier years of the century to the 12% to 14% percent range in recent years.
How did inequality start showing in 1970, since it started in a way that it wasn't seen since World War II?
The rate of poverty was showing a long-run downward trend and economic growth decreased, leading the income divide to expand.
In what early time did the wages increase even more before World War II?
By the 20th century
What studies did Bartels find about America?
Also provided studies of politics that contributed to the inequality with the massive Bush tax cuts of 2001 and 2003.
Who was Larry M Bartels?
He was an American political scientist and was the Co-Director of the Center for the Study of Democratic Institutions.
Which is the payment issue which caused the increase of inequality in the US?
low wages since people work for 12 hours a day and still get paid very poorly.
What happened when America had a Republican administration?
There was an extended gap between rich and poor, America was so unequal, and how the elected people responded only to the view of the electors but ignored the poor people's view.
What was the name of the article that Bartels wrote?
"Unequal Democracy: The Political Economy of the New Gilded Age".
After reading the website, what is social inequality?
It is existence of unequal opportunities according to the different social positions or statuses within a group or society
In 1955, what paper was published, and what was it about?
“The American Economy review, Economic Growth and Income Inequality", discusses the inequality as a result of economic progress, arguing that a more wealthy economy should also be less uneven.
Who was Simon Kuznets?
He was Russian American development economist and statistician known for his work on economic growth and won the Nobel Memorial Prize in Economics
In 1900-2000 how did people known as concentrated poverty were affected by income inequality?
were the ones that lived in neighborhoods with poverty rates an amount of 40 percent was decreased in the US