Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Intergenerational wealth has no impact on socio-economic status, and government interventions are ineffective.
B
Intergenerational wealth perpetuates socio-economic disparities, and targeted government interventions can help reduce these gaps.
C
Socio-economic status is determined solely by education, making intergenerational wealth irrelevant to the discussion of government interventions.
D
Government interventions only benefit low-income families, while intergenerational wealth solely benefits the wealthy.
Understanding the Answer
Let's break down why this is correct
Answer
Intergenerational wealth refers to the money and assets that are passed down from one generation to another, and it significantly affects a family's socio-economic status in the U. S. Families with inherited wealth can afford better education, healthcare, and housing, which helps them maintain or improve their social standing. For example, a family that inherits a home in a good neighborhood can provide their children with a better schooling environment, leading to greater opportunities later in life. Government interventions, such as taxes on inherited wealth or programs that support low-income families, aim to reduce these disparities by providing more equal opportunities for everyone.
Detailed Explanation
Intergenerational wealth means families pass down money and assets. Other options are incorrect because This answer suggests that wealth doesn't matter, which is not true; This answer ignores the role of wealth.
Key Concepts
socio-economic status
intergenerational wealth
government interventions.
Topic
Wealth Disparities in the U.S.
Difficulty
hard level question
Cognitive Level
understand
Ready to Master More Topics?
Join thousands of students using Seekh's interactive learning platform to excel in their studies with personalized practice and detailed explanations.