Author Question: Today, poverty in the United States is no longer viewed as associated with old age. Which of the ... (Read 40 times)

tiffannnnyyyyyy · **on:** Jul 8, 2018

Today, poverty in the United States is no longer viewed as associated with old age. Which of the following is not a reason for this shift in views from the 1930s?

a. Social Security benefits
b. Federal programs such as Medicare
c. The increase in expected lifespan in America
d. Aged-based preferences in local property and state income taxes

Question 2

Although endowed with rich natural resources, Nigeria is one of the poorest countries in the world, illustrating that

a. colonialism hinders even resource-rich countries from developing.
b. political and institutional development and stability and sound economic policy are necessary for growth.
c. exploitation by multinational corporations can impoverish even resource-rich countries.
d. resources alone provide a poor basis for economic development.
e. global financial institutions work to the disadvantage of poor nations.