The failure of rising expectations is related to:
A) a general rise in the standard of living for all segments of society
B) a rapid decline in the standard of living
C) dissatisfaction based on relative deprivation
D) false advertising and credit expansion

Question

Quizplus · Accepted Answer

The failure of rising expectations refers to the phenomenon where people's expectations and aspirations rise faster than their actual standard of living. This creates a sense of dissatisfaction and relative deprivation, which can lead to social unrest and political dissatisfaction. Therefore, choice C is the best answer as it directly relates to the concept of relative deprivation. Choices A, B, and D do not accurately capture the concept of the failure of rising expectations.

The Failure of Rising Expectations Is Related To