Asked by
Michael Hirsch
on Dec 17, 2024
Verified
In the United States from 1935 to 2011 the share of total income earned by the bottom fifth of income earners rose and then fell.
Income Earners
are individuals or entities that receive income through work, investments, or other sources.
Total Income
The sum of all earnings generated by an individual or entity, including wages, salaries, business revenues, and investment returns.
- Recognize the factors contributing to changes in the income distribution over time.
Verified Answer
OK
Learning Objectives
- Recognize the factors contributing to changes in the income distribution over time.