Critics of the Wealth Gap Might Argue That

A.  The upper classes cannot help create new jobs.

B.  The wealthy become unable to make investments.

C.  Economic growth will likely decline over time.

D.  Buying power exceeds the supply from producers.

 

The Correct Answer is: – C. Economic growth will likely decline over time.

 

 

The wealth gap, also known as wealth disparity, refers to the unequal distribution of income and assets among residents of a certain location. Critics of the wealth gap may argue that a country’s economic development is likely to deteriorate over time. Economic growth is usually caused by an increase in the value of a country’s economic commodities and services. Money disparities, as measured by the distribution of wages and wealth, can lead to lower income mobility, slower economic growth, very high levels of domestic debt, and a higher risk of deflation and financial disaster.