According to Kuznets, in the process of development inequality in an economy will normally
A)first rise and then fall.
B)first fall and then rise.
C)remain about the same.
D) show no definite pattern.

Question

Quizplus · Accepted Answer

Kuznets proposed that initially, as an economy develops, inequality will rise as the most skilled and educated workers benefit from new opportunities and technology. However, eventually, as the economy reaches a certain level of development and the benefits of growth become more widespread, inequality will begin to fall.

According to Kuznets, in the Process of Development Inequality in an Economy