Income inequality in the United States has increased somewhat over the past 30 years. Two factors that appear to have contributed to this are

Ours is a time of amazing new technologies. It is frequently described in epochal terms, as a time of technological renaissance propelled by brilliant new technologies, a second machine age, and a new industrial revolution.

Technological change and income inequality:

Technology drives productivity, which drives economic growth. However, as digital technologies have grown in popularity, productivity growth has slowed rather than accelerated. This is a great modern paradox.

Meanwhile, income inequality in the United States has increased sharply, more so than in other major advanced economies. Since the early 1980s, the top 10%'s share of national income has increased from 35% to 47%.

Job insecurity has grown, as have fears of a "robocalypse"—massive job losses due to automation. Intergenerational economic mobility has decreased as income inequality has increased.

Complete Question

Income inequality in the United States has increased somewhat over the past 30 years. Two factors that appear to have contributed to this are

A: tax cuts on high-income individuals and large increases in prices of stocks.

B: strong economic growth and low inflation.

C: rapid technological change and expanding international trade.

D: outsourcing of jobs by U.S. firms and cuts in taxes on capital gains.

Learn more about income inequality here: https://brainly.com/question/14252924

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