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The concept "white ethnics" refers to: A.people of Hispanic ancestry who are light skinned. B.people of any ethnicity who are light skinned. C.biracial or multiracial people. D.non-WASPs of European
ancestry.
The concept "white ethnics" refers to: D.non-WASPs of European ancestry.
Expert answered|andrewpallarca|Points 16814|
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Asked 11/17/2012 8:57:24 AM
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discuss why we should be concerned with the widening income inequality in the U.S., where capitalism allows anyone the American dream of being rich one day.
Weegy: In America income inequality began to widen in the 1980s largely because the poor fell behind those in the middle. [ More recently, the shift has been overwhelmingly due to a rise in the share of income going to the very top—the highest 1% of earners and above—particularly those working in the financial sector. You can understand why people might regard this as unfair: are the highest earners really working that much harder than everyone else? Are they contributing so much more to America's welfare? Those questions deal with the politics of inequality, but then there is the economic impact. Recent evidence suggests that extreme inequality may not be as damaging as many imagine. Our special report casts doubt on the widespread view that inequality causes (or is associated with) a host of social problems. Economics focus finds little evidence that it stoked the financial crisis. But recent research does suggest two other reasons why the rise in inequality is a problem. One is that rich economies seem to provide disproportionate and growing returns to the already wealthy. The other is that inequality may literally be making people miserable by increasing stress and the hormones it releases. ] (More)
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Updated 11/10/2012 3:25:42 PM
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Added 11/10/2012 3:25:42 PM
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