This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Jillian earned 10 per hour as gallery assistant. This money represents her a. income. b. wealth. ... (Read 31 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
on: Jul 2, 2018
Jillian earned 10 per hour as gallery assistant. This money represents her
 
  a. income.
  b. wealth.
  c. earning potential.
  d. net worth.

Question 2

Discuss the basic tenet of capitalism and how it affects the persistence of poverty.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jazzlynnnnn

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 2, 2018
Answer to Question 1

Answer: a. income

Answer to Question 2

Feedback: The basic tenet of capitalism is that who gets what is determined by private profit rather than by collective need. The primacy of maximizing profit works to promote poverty in several ways. (1) Employers are constrained to pay their workers the least possible in wages and benefits. (2) The primacy of profit induces poverty by maintaining a surplus of laborers, because a surplus depresses wages. (3) The impact of the primacy of profits in capitalism is that employers make investment decisions without regard for their employees (potential or actual).


appyboo

  • Member
  • Posts: 527
Reply 2 on: Jul 2, 2018
Great answer, keep it coming :)

cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Ripped Money Ripped Money
The physician and medical assistant will often work together to choose appropriate educational ... The physician and medical assistant will often work together to choose appropriate educational ...
Medical assistant interviewing a patient. Medical assistant interviewing a patient.
Medical assistant extern clarifying externship issues with the office manager. Medical assistant extern clarifying externship issues with the office manager.
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
Ten Leading Causes of Death in Low-Income Countries, 2008 Ten Leading Causes of Death in Low-Income Countries, 2008
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library