Sunday
April 20, 2014

Homework Help: social studies

Posted by sam on Sunday, September 14, 2008 at 6:17pm.

can anyone help me with this chart

1. Distribution of Wealth in Colonial America 1700 1730 1760
Proportion of wealth held by the richest tenth… 45% 50% 54%
Median level of wealth (midpoint of all the wealth holders… L 50 L 55 L 60
Proportion of people with less than L 20 in property… 25% 30% 35%

L means pounds. The chart increases from 1700 to 1730 to 1760

Which of the following conclusions can be drawn from the table above?
a. An increasing concentration of wealth means that a few benefit at the expense of everyone else.
b. A rising proportion of men without property is bad for everyone.
c. Even when the rich have more property and the poor less, the rest of the people may increase their wealth.
d. An increase in the median level of wealth means that everybody is better off.
e. During the period 1700-1760, only the richest men increased their wealth.
I think the answer is A

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Social Studies us history - How does the current distribution of wealth in the ...
world history - which phase best completes this sentence? Since colonial days a ...
English - How have the definitions of work, success, wealth, opportunity, and ...
social studies - why do you think much of the land settled between 1700 and 1760...
social studies us history - I have to put this in one page and submit it today ...
social - hi for my homework i have to identify the topics and summarize the ...
us history until 1877 - By 1700 the British colonies on the North American ...
Social Studies 8R - HW. Qs. Check - Why did many freedmen and poor whites become...
social studies - how did geograph contribute to ghana's wealth?
Global history - Which of the following summarizes an effect of imperialism? A...

Search
Members