Chapter 12: Problem 6

since \(1929,\) the overall family income distribution in the United States has become a. much more unequal. b. much less unequal. c. slightly more unequal. d. slightly more equal.

Short Answer

Expert verified

Based on the analysis of historical data on U.S. family income distribution since 1929, it can be concluded that the overall family income distribution in the United States has become: c. Slightly more unequal.

Step by step solution

Gather historical data

To solve this question, we need historical data on U.S. family income distribution. You can use resources such as the U.S. Census Bureau, the Bureau of Labor Statistics, and research papers on this topic. Gather as much data as possible since 1929 to have a clear understanding of the changes in income distribution.

Analyze the gathered data

With the data you have gathered, analyze the changes in income distribution in the United States since 1929. Look for trends in the data, compare different years and time periods, and identify significant increases or decreases in equality/inequality. It's essential to have a clear and deep understanding of the information to answer the question accurately.

Compare the data to the answer choices

Now that you have analyzed the data, compare the trends you found in the income distribution data to the answer choices given in the exercise. Determine which choice most accurately describes the changes in income distribution since 1929. Consider factors such as the pace of change and the overall shift in distribution. After analyzing the historical data on U.S. family income distribution, it is observed that: a. Much more unequal. b. Much less unequal. c. Slightly more unequal. d. Slightly more equal.

Select the answer

Based on your analysis of the data, select the answer that best describes the change in family income distribution in the United States since 1929. Remember to consider all the factors and trends that you found in the data to make an accurate selection.

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