The following events - increasing poverty in the United States, financial crisis in the global north, reduction in government spending in the name of debt reduction as well as the Occupy Movement of 2011 - are all indicators and consequences of ______.
A) state-centered development
B) the effect and responses to neoliberalist policies such as structural adjustment programs
C) decline of austerity reforms
D) globalization and its countermovements

Question

Quizplus · Accepted Answer

The events listed are consequences of neoliberalist policies such as structural adjustment programs, which prioritize reducing government spending and promoting free-market capitalism. The Occupy Movement emerged as a response to the increasing wealth inequality caused by these policies.

The Following Events - Increasing Poverty in the United States