Explain why the large gap between the rich and the poor led to economic instability

Answers

Answer 1
It led to economic instability because of the fact that you have 1% of the economy making all the money while the other 99% are the ones contributing to the money in circulation by buying and selling products. The 1% gains a larger profit off of the efforts put in the 99%, thus creating a gap in the distribution of wealth.
Answer 2

The large gap between the rich and the poor led to economic instability due to disequilibrium in the market as well as lower per capita income in the nation.

Economic instability is the state where the economy experiences disbalance in its variables that form economic efficiencies such as inflation, demand, employment, interest rate, and others.

Thus, the income gap between rich and poor implies there would be less income with a higher consumption rate while rich people would hold higher income but would consume less.

Therefore, it would disturb the aggregate demand and supply forces of the market due to unequal wealth distribution, which ultimately brings a fall in the GDP of the nation.

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Related Questions

Which of the following cannot be replaced by the Internet

Answers

 Public libraries..........
C) The shipping industry cannot be replaced by the internet.

Who was allowed to participate in Athenian democracy?

a) wives of citizens
b) foreign-born residents
c) men whose fathers had been citizens
d) slaves who had been freed

Why did the Persian emperor Darius invade Greece?

a) Spartan forces under King Leonidas has attacked several Persian cities.
b) He wanted to avenge the defeat of his father, Xerxes.
c) Athenians had helped Ionian cities when they revolted against the Persians.
d) He wanted to stop the fighting between Sparta and Athens

Answers

The first one would be C. Men whose fathers had been citizens. The second one I'm unsure on

Answer:

men whose fathers had been citizens

Explanation:

k12 took the test

Which controlled almost all of the North America east of the Mississippi River by 1763?

Spain
Britain
France
native Americans

Answers

britian owned most of the land to the east

Answer:

Britain

Explanation:

The Native American's owned a good amount of the land. Britain owned 2,032 more acres.

Brainiest Answer?

Which of the following are characteristics of the United States Constitution? A. centralized government and state cooperation B. organized system for coining money in individual states C. established labor laws and a national school system D. created a system of reserving all law making powers to the executive branch

Answers

The foundation of the US Constitution is federalism, which is the idea of a centralized government with state cooperation.

The correct answer is A) centralized government and state cooperation.

The statement that describes a characteristic of the United States Constitution is "centralized government and state cooperation."

The Constitution of the United States is the supreme law of the nation. Its functions are to create a national government with a system of checks and balances among the three branches: the executive, the legislative, and the judicial. The Constitution also splits power between the federal government and the states and protects the freedom of the American people.

As a former slave who moved to the north, he fought for the amendments that granted equal rights for african americans

Answers

I think that’s Frederick Douglass.

How was Vietnam able to become and remain autonomous despite China's power and dynamism?

Answers

Throughout history, Vietnam was not totally free from China’s power and dynamism, having been under Chinese domination for different, interrupted time periods, the earliest being in 111 BC. Being a strategic southern territory, the Chinese used now-Vietnamese territory to launch expeditions to Southeast Asian states. The last Chinese occupation of Vietnam ended in 1427, with the Chinese Ming Dynasty accepting Vietnam as an independent, yet tributary state. 

Explain briefly why musical instruments often appear in Cubist paintings

Answers

Musical instruments appear often in Cubist paintings due to their uniquely geometrical designs. 

Due to their distinctive geometric forms, musical instruments frequently appear in cubist paintings.

What do you mean by Painting?

Painting is the two-dimensional visual language used to express thoughts and feelings while also achieving specific aesthetic attributes. On a flat surface, the shapes, lines, colors, tones, and textures of this language are used in a variety of ways to evoke feelings of volume, space, movement, and light.

Because of their distinctive geometric forms, musical instruments frequently appear in cubist paintings. Frustration with the more realistic late nineteenth-century art forms led to the birth of cubism, which was developed in Paris at the start of the twentieth century.

Cubist paintings typically feature musical instruments including guitars, violins, and clarinets, especially in the works of Braque who studied music.

Therefore, Musical instruments typically show up in cubist paintings due to their characteristic geometric forms.

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The puritans believed that god had chosen certain people to go to heaven. what is this belief known as?

Answers

The puritans believed in predestination.

The puritans believed that god had chosen certain people to go to heaven. This believed is known as predestination.

Predestination is actually a Calvinist belief, embraced by puritanism, that one is chosen by God prior to be born to be saved or to be d#mned.

Puritanism was a religious movement seeking for a reformation which emerged within the Church of England in the late 1500s.  

The Puritans believed that the Bible was God's true law.

How did archimedes combine theoretical mathematics and practical issues in his work?

Answers

Archimedes combined theoretical mathematics and practical issues in his work by using calculus.

How are the Umayyads and Abbasids similar? And how are they different?

Answers

I think their reigns we're different and the techniques of governing we're also different
Both of these empires were Islamic, both were the same branch of Islam (Sunni Islam). Some differences are their capitals, their influences, the time periods they existed in, the way they ruled ( Umayyads were more about military force while Abbasids were more about openness and knowledge), etc. 

what did the pope in rome and patriarch in Constantinople do to cause a long lasting schism in Christianity

Answers

They mutually excommunicated each other as a result of ecclesiastical differences and theological dispute, which is considered a watershed in church history. Reasons for the dispute were for example the source of the holy spirit and whether leavened or unleavened bread should be used in the eucharist.

Which of the following statements is true about Harriet Beecher Stowe?

She moved to Canada after writing her book.
Her book became a best seller in France.
She later regretted her stand on abolition.
She started schools for freed slaves.

Answers

she started schools for freed slaves

Answer:

She started schools for freed slaves.

Explanation:

HArriet Beecher Stowe was an american writter and scholar that wrote several books on slavery from the point of view of slaves, she also helped expand and visibilize the situation that slaves lived in america, she also promoted the documents and novels by freed slaves like those of Frederick Douglas, she eventually realized that it wasn´t enough abbolishing slavery, it was necessary to also educate the former slaves and started schools for freed slaves.

How did Edward Steiner describe the immigrant experience of traveling to the u.s.

Answers

He described it as rough or cramp.

The soviet union approached disarmament discussions after world war ii with a plan to __________.

Answers

The soviet union approach the disarmament discussions after the world war 2 by having a plan in which they had a discussion of having to reduce the number of weapons gradually that is being used as weapons of mass destruction.

_____, also known as dr. fadl, was one of egypt's leading militants in the 1970s.

Answers

He is Sayyid Imam al-Sharif or also called Abd Al-Qader Bin 'Abd Al-'Aziz. He has as of late assaulted al-Qaeda and required a stop to vicious jihad exercises both in Western and Muslim nations. He is accounted for to have two spouses, with four children and two little girls between them

Identify 2 ways the constitution addressed grievances listed in the declaration of independence

Answers

1. refused to allow colonists or hindered their right to representation -he refused to assent laws made by colonies; houses 
2. made judges answer to the crown for employment and salary. 

Theodore Roosevelt's "big stick" diplomacy involved ______.

Answers

Big stick ideology, big stick diplomacy, or big stick policy refers to U.S. President Theodore Roosevelt's foreign policy: "speak softly, and carry a big stick." you could have search that. hope it works.
Theodore Rosevelt's Big Stick Diplomacy was to increase US intvestments in businesses. And to tell other countries that we have a strong military "big stick" so we can speak softly which means we don't need to effort much then we can get what the US wants.

The strained relations between queen liliuokalani and american businessmen came to a head in 1893, when

Answers

Well that happened when American revels seized the queen and declared a provisional government, and petition for annexation by the united states.

Hope this helped.

Queen Liliuokalani's efforts to restore Hawaiian political power led to American planters executing a U.S. Marine-supported coup in 1893 that overthrew her monarchy, leading to Hawaii's eventual annexation by the United States in 1898 despite President Grover Cleveland's opposition.

The strained relations between Queen Liliuokalani and American businessmen came to a head in 1893 when an American-armed revolt led to the overthrow of the Hawaiian monarchy. The American businessmen and planters were threatened by Queen Liliuokalani’s attempts to restore the political power of Hawaiians at the expense of the American economic interests, particularly in the sugar industry. U.S. Marines were deployed at the request of U.S. Ambassador John L. Stevens, ostensibly to protect American lives and properties but effectively supporting the revolt. Queen Liliuokalani surrendered under the pressure of U.S. military force, hoping for future reinstatement.

Following her overthrow, a provisional government was established with Sanford B. Dole as the president, although President Grover Cleveland opposed the annexation of the islands and considered the overthrow illegal. Despite Cleveland's opposition, the United States annexed Hawaii in 1898. Queen Liliuokalani’s efforts to prevent this annexation and to protect the sovereignty of her nation and the rights of its native inhabitants ultimately were unsuccessful.

True or false: the constitutional convention was held in the nation's capital, new york.

Answers

False, it was held in Philly

How did jefferson's purchase of louisiana simultaneously contradict his theory of government and also support his idea of republicanism?

Answers

Jefferson’s theory of government, known as Jefferson Republicanism, stands for limited federal government and reduced federal spending. Jefferson’s purchase of Louisiana went against his philosophy of a limited national government. However, the Louisiana Purchase was such a great deal that it also supported his idea of responsabile and reduced federal spending.

The Magna Carta was presented to King John in 1215 because people?

Answers

People had limited rights and were taxed heavily and were upset about it.
The Magna Carta was presented to King John in 1215 because people were tired of his tyrannical rule

What turning point of Spanish history took place in the 8th century?

Answers

Spain was invaded by the Moors making a turning point for the Spanish.

as american settlers spread west in the 1800's how were american indians affected

Answers

American settlers continue to spread to the west and took land from Native Americans. As expansion continued, agreements were signed and they were broken with native americans losing their homes and land and force to move west. As Native Americans were forced to more to the west, they are not able to adopt to the environment they are moving to, so they died due to lack of food or diseases.

Who founded the United negro improvement association that stressed the need for black owned businesses

Answers

It was "Marcus Garvey".

Gravey was born in Jamaica, was a speaker for the Black Nationalism and pan-Africanism, to which end he establishedthe Universal Negro Improvement Association and African Communities League. Garvey propelled a Pan-African logic which motivated a worldwide mass development, known as Garveyism.

The Qing Dynasty produced and exchanged items such as Chinese pottery with English colonists during the 1800s in order to obtain heavily demanded
A.) Silks
B.) Cotton
C.) Furs
D.) Tea

Plz answer ASAP!!! 10 POINTS!!! ☺♥

Answers

In the 1800s silk was the most popular things in China. Cotton and furs werent really a thing back then. Although China is known for their tea (i know that because i drink everyday lol) so I am kind of crossed between Tea and Silks but i am certain that it is Silk.

What happened after the communist party dissolved itself in Hungary

Answers

when the Communist Party dissolved in Hungary the citizens began to revolt in Hungary 

Answer:

The answer is C on edge the citizens of Hungary began to revolt

Explanation:

LOTS OF POINTS
Transcendentalism was a philosophy that stated

people are basically evil.

the United States should not continue to expand.

true understanding comes from reason rather than feeling.

society is corrupt and nature is pure.

Answers

The answer is "society is corrupt and nature is pure" on edgenui ty.

Answer: Transcendentalism was a philosophy that stated “SOCIETY IS CORRUPT AND NATURE IS PURE.”

Explanation: that’s what google said

How will time be affected as a person travels from the east coast to the west coast?

Answers

it decreases
hope this helps:)

During the antebellum (pre-civil war) temperance movement, this group was key in fighting for it. question 15 options: children slaves women men save

Answers

The answer is slave. The Antebellum Era, likewise roughly denoted to as the Plantation era, was an era in the past of the Southern United States, from the late 18th period up until the beginning of the American Civil War in 1861, manifested by the economic development of the South grounded on slave-driven plantation agribusiness. The revivalism that spread thru the country throughout the antebellum era also contributed increase to several social reform movements like abolitionism (sought to end slavery).

Which of the following 19th-century factors allowed companies like the Lowell Mill to cut workers' wages without losing their workforces?
a. A consistent influx of immigrants willing to work for low wages
b. Unfair labor contracts that turned workers into indentured servants
c. Corporate threats to replace wage labor with slave labor in cities
d. State laws that set caps on workers' total yearly salaries

Answers

The best answer for this question would be:

 

a.       A consistent influx of immigrants willing to work for low wages

The immigrants at the time were desperate to find jobs, in order to feed their families. This caused the workforce in the Lowell Mill to increase.

Answer:

a: A consistent influx of immigrants willing to work for low wages

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