1
QuizMultiple Choice

Economic Systems and Daily Life

Question 1 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

Critics of the wealth gap might argue that

Answer
e
economic growth will likely decline over time.
t
the upper classes cannot help create new jobs.
t
the wealthy become unable to make investments.
b
buying power exceeds the supply from producers.

Explanation

Critics argue that a large wealth gap concentrates income among wealthy households, while lower- and middle-income households have less money to spend. This can weaken consumer demand and slow economic growth over time, matching choice A. The other choices do not describe this common criticism: wealthy people can still invest, and the gap does not mean buying power exceeds producers’ supply.

AI-written and checked against the verified answer.

Next