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42
What happened during the mid-1980s that caused the income gap to increase? (3 things)
1. Reaganomics - businesses were laissez-faire towards taxes
2. Globalization benefits high-income households
3. Labor Unions got weaker, so the poor got poorer
2. Globalization benefits high-income households
3. Labor Unions got weaker, so the poor got poorer
Flashcard info:
Author: savhighsmith
Main topic: Business Economics
Topic: History of Economics
School / Univ.: UGA
City: Athens
Published: 15.09.2010