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Economist Lester Thurow Once Explained That "Once Wealth Is Accumulated

Question 79

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Economist Lester Thurow once explained that "Once wealth is accumulated, opportunities to make more money multiple, since accumulated wealth tends of lead to income-earning opportunities that are not open to those without wealth." Sociologists refer to this phenomenon as


A) the rags-to-riches effect.
B) the Abraham Lincoln syndrome.
C) the Matthew effect.
D) the culture of poverty process.
E) none of these

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