Is the system designed to keep the rich, rich?

Is the system designed to keep the rich, rich?
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And this is everything from house insurance, to mortgages , to loans.
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Related questions

Does it bother you that the tax laws are set up so that the very rich (i.e. Mitt Romney) pay a smaller percentage of taxes than you probably do?

Description : Does it bother you that the tax laws are set up so that the very rich (i.e. Mitt Romney) pay a smaller percentage of taxes than you probably do?

Last Answer : Sure: I think it bothers most of the 99%.

What income/net worth is enough to categorize someone as rich?

Description : What income/net worth is enough to categorize someone as rich?

Last Answer : I think location is just as important. 100k a year in Manhattan isn't much, while in Eastern TN it would be quite cushy. For my region I would say any family (three dependents or less) making 200k ... saving can be done at this level and life tends to be paycheck to paycheck. Below 12k is poor.

Why do the rich look down on the poor?

Description : Why do the rich look down on the poor?

Last Answer : It’s just the way it is – and has always been.

'Mixed economy' refers to - (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Description : 'Mixed economy' refers to - (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Last Answer : (4) the co-existence of public as well as private sector Explanation: Mixed economy is an economic system in which both the state and private sector direct the economy, reflecting characteristics of both market economies and planned economies.

Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class (4) Rich

Description : Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class (4) Rich

Last Answer : (4) Rich Explanation: A group of economists including Keynes is of the opinion that 'inflation, in one form or the other, is a factor which helps economic growth. Usually, it is argued that ... margin-al propensity to consume of the wage- earners because of their near-subsistence level of income.

A rising Per Capita Income will indicate a better welfare if it is accompanied by - (1) unchanged Income distribution overall. (2) changed Income distribution in favour of rich. (3) changed Income distribution in favour of poor. (4) changed Income disribution in favour of Industrial Labour.

Description : A rising Per Capita Income will indicate a better welfare if it is accompanied by - (1) unchanged Income distribution overall. (2) changed Income distribution in favour of rich. (3) changed Income distribution in favour of poor. (4) changed Income disribution in favour of Industrial Labour.

Last Answer : (3) changed Income distribution in favour of poor. Explanation: Per capita income has lately been viewed as a better determinant of economic development and welfare. However, high inequality can still ... no quarters deprived as after all, economic welfare is a part and parcel of social welfare.

Compared to the rich the poor save - (1) A larger part of their income (2) An equal part of their income (3) A smaller part of their income (4) All of their incomes

Description : Compared to the rich the poor save - (1) A larger part of their income (2) An equal part of their income (3) A smaller part of their income (4) All of their incomes

Last Answer : (3) A smaller part of their income Explanation: A "subsistence" or necessary level of consumption produces differences in consumption growth rates across income levels. This implies that poor ... necessities. Institutional and behavioral mechanism also leads to low levels of saving among the poor.

Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

Description : Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

Last Answer : (2) Co-existence of public and private sectors Explanation: A mixed economy is variously defined as an economic system consisting of a mixture of either markets and economic planning, public ... economies are mixed where the means of production are shared between the private and public sectors.

A tax is said to be regressive when its burden falls - (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Description : A tax is said to be regressive when its burden falls - (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Last Answer : (2) more heavily on the poor than on the rich Explanation: In terms of individual income and wealth, a regressive tax imposes a greater burden on the poor than on the rich. There is an inverse ... to reduce the tax burden of the well-todo, as they shift the burden disproportionately to the needy.

Countries with per capita income of US$ per annum and above in 2017, are called rich countries? a. 12,126 b. 11246 c. 12056 d. 10056

Description : Countries with per capita income of US$ per annum and above in 2017, are called rich countries? a. 12,126 b. 11246 c. 12056 d. 10056

Last Answer : c. 12056

Countries with per capita income of US$per annum and above in 2017, are called rich countries? a. 12,126 b. 11246 c. 12056 d. 10056

Description : Countries with per capita income of US$per annum and above in 2017, are called rich countries? a. 12,126 b. 11246 c. 12056 d. 10056

Last Answer : c. 12056

Identify the type of soil on the basis of the given characteristics - 1. They are rich in lime, iron, magnesia and alumina. 2. They are generally clayey, deep and impermeable. 3. They are mainly found in Maharashtra, Madhya Pradesh and Gujarat. Select the correct answer from the given alternatives - a. Laterite soil b. Red and yellow soil c. Saline soil d. Black soil

Description : Identify the type of soil on the basis of the given characteristics - 1. They are rich in lime, iron, magnesia and alumina. 2. They are generally clayey, deep and impermeable. 3. They are mainly found ... the given alternatives - a. Laterite soil b. Red and yellow soil c. Saline soil d. Black soil

Last Answer : d. Black soil

Sustainability of agriculture is about - I. What we grow - biodiversity rich and nature friendly II. Who grows - Local food for livelihood security III. How we grow - Less incentive and less toxic IV. What we eat - Less processed and more diverse and local Correct code is - a. Only I b. Only I and III c. Only III and IV d. All I, II, III and IV

Description : Sustainability of agriculture is about - I. What we grow - biodiversity rich and nature friendly II. Who grows - Local food for livelihood security III. How we grow - Less incentive and less toxic IV. What we eat - Less ... Only I b. Only I and III c. Only III and IV d. All I, II, III and IV

Last Answer : d. All I, II, III and IV

Alluvial soils vary in nature from sandy loam to clay. They are generally - a. poor in potash and rich in phosphorus b. poor in both potash and phosphorus c. rich in both potash and phosphorus d. rich in potash and poor in phosphorus

Description : Alluvial soils vary in nature from sandy loam to clay. They are generally - a. poor in potash and rich in phosphorus b. poor in both potash and phosphorus c. rich in both potash and phosphorus d. rich in potash and poor in phosphorus

Last Answer : d. rich in potash and poor in phosphorus

What is the name of first milk/secretion (rich in antibodies) from the mammary glands of cattle after giving birth? a. Colostrum b. Serum c. Lactation d. Montana

Description : What is the name of first milk/secretion (rich in antibodies) from the mammary glands of cattle after giving birth? a. Colostrum b. Serum c. Lactation d. Montana

Last Answer : a. Colostrum

In context to agriculture what is “Fallow Land”? a. Fallowing is the process to make the soil rich in phosphorus b. Agricultural land which is added with organic matter to reduce its acidity. c. Agricultural field which is water logged before rice cultivation so that soil’s water retention capacity increases d. Agriculture field which is left unplanted so that the soil’s natural nutrient balance can be restored

Description : In context to agriculture what is Fallow Land ? a. Fallowing is the process to make the soil rich in phosphorus b. Agricultural land which is added with organic matter to reduce its ... . Agriculture field which is left unplanted so that the soil's natural nutrient balance can be restored

Last Answer : d. Agriculture field which is left unplanted so that the soil’s natural nutrient balance can be restored.

In context to agriculture what is “Fallow Land”? a. Fallowing is the process to make the soil rich in phosphorus b. Agricultural land which is added with organic matter to reduce its acidity. c. Agricultural field which is water logged before rice cultivation so that soil’s water retention capacity increases d. Agriculture field which is left unplanted so that the soil’s natural nutrient balance can be restored.

Description : In context to agriculture what is Fallow Land ? a. Fallowing is the process to make the soil rich in phosphorus b. Agricultural land which is added with organic matter to reduce its ... Agriculture field which is left unplanted so that the soil's natural nutrient balance can be restored.

Last Answer : d. Agriculture field which is left unplanted so that the soil’s natural nutrient balance can be restored

In context to agriculture what is “Fallow Land”? a. Fallowing is the process to make the soil rich in phosphorus b. Agricultural land which is added with organic matter to reduce its acidity. c. Agricultural field which is water logged before rice cultivation so that soil’s water retention capacity increases d. Agriculture field which is left unplanted so that the soil’s natural nutrient balance can be restored.

Description : In context to agriculture what is Fallow Land ? a. Fallowing is the process to make the soil rich in phosphorus b. Agricultural land which is added with organic matter to reduce its ... Agriculture field which is left unplanted so that the soil's natural nutrient balance can be restored.

Last Answer : d. Agriculture field which is left unplanted so that the soil’s natural nutrient balance can be restored.

In context to agriculture what is “Fallow Land”? a. Fallowing is the process to make the soil rich in phosphorus b. Agricultural land which is added with organic matter to reduce its acidity. c. Agricultural field which is water logged before rice cultivation so that soil’s water retention capacity increases d. Agriculture field which is left unplanted so that the soil’s natural nutrient balance can be restored.

Description : In context to agriculture what is Fallow Land ? a. Fallowing is the process to make the soil rich in phosphorus b. Agricultural land which is added with organic matter to reduce its ... Agriculture field which is left unplanted so that the soil's natural nutrient balance can be restored.

Last Answer : d. Agriculture field which is left unplanted so that the soil’s natural nutrient balance can be restored.

Apatite is rich source of — a. N b. P c. K d. B

Description : Apatite is rich source of — a. N b. P c. K d. B

Last Answer : b. P

Black cotton soil is rich in a. Illite b. Kaolnite c. Montmorillonite d. Chlorite

Description : Black cotton soil is rich in a. Illite b. Kaolnite c. Montmorillonite d. Chlorite

Last Answer : c. Montmorillonite

Rich countries have deficit in their balance of payments (a) Sometimes. (b) Always. © Never. (d) Alternate years.

Description : Rich countries have deficit in their balance of payments (a) Sometimes. (b) Always. © Never. (d) Alternate years.

Last Answer : (a) Sometimes.

‘Mixed economy’ refers to (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Description : ‘Mixed economy’ refers to (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Last Answer : the co-existence of public as well as private sector

Compared to the rich the poor save (1) A larger part of their income (2) An equal part of their income (3) A smaller part of their income (4) All of their incomes

Description : Compared to the rich the poor save (1) A larger part of their income (2) An equal part of their income (3) A smaller part of their income (4) All of their incomes

Last Answer : A smaller part of their income

Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class(4) Rich

Description : Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class(4) Rich

Last Answer : Rich

Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

Description : Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries 

Last Answer :  Co-existence of public and private sectors

A tax is said to be regressive when its burden falls (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Description : A tax is said to be regressive when its burden falls (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Last Answer : more heavily on the poor than on the rich

A rising Per Capita Income will indicate a better welfare if it is accompanied by (1) unchanged Income distribution overall. (2) changed Income distribution in favour of rich. (3) changed Income distribution in favour of poor. (4) changed Income disribution in favour of Industrial Labour.

Description : A rising Per Capita Income will indicate a better welfare if it is accompanied by (1) unchanged Income distribution overall. (2) changed Income distribution in favour of rich. (3) changed Income distribution in favour of poor. (4) changed Income disribution in favour of Industrial Labour. 

Last Answer : changed Income distribution in favour of poor. 

A channel which is designed to irrigate all the year round is called a. All weather channel b. Green channel c. Permanent channel d. Perennial channel

Description : A channel which is designed to irrigate all the year round is called a. All weather channel b. Green channel c. Permanent channel d. Perennial channel

Last Answer : d. Perennial channel

If instead of soil, flowing water is used in a specially designed greenhouse farms to grow plants, then this type of farming is known as? a. Hydroculture b. Pisciponics c. Hydroponics d. Aquaponics

Description : If instead of soil, flowing water is used in a specially designed greenhouse farms to grow plants, then this type of farming is known as? a. Hydroculture b. Pisciponics c. Hydroponics d. Aquaponics

Last Answer : c. Hydroponics

Pradhan Mantri Fasal Bima Yojana (PMFBY) was designed by central government to provide a. To rise food price b. To reduce the impact of food price c. Provide loan to farmers d. Price Stabilization

Description : Pradhan Mantri Fasal Bima Yojana (PMFBY) was designed by central government to provide a. To rise food price b. To reduce the impact of food price c. Provide loan to farmers d. Price Stabilization

Last Answer : a. To rise food price b. To reduce the impact of food price c. Provide loan to farmers d. Price Stabilization

Is the system not designed to keep the poor, poor....(see details)

Description : Is the system not designed to keep the poor, poor....(see details)

Last Answer : No. But some people certainly cost the system more money (it is interesting how people describe the interaction between buyers and sellers in a market, a system ). Stands to reason they might pay ... driving record, you pay more auto insurance. If you smoke, you pay more for life insurance. Etc.

Where would you prefer to be reborn as in the future if birth rates in rich countries keep plummeting?

Description : Where would you prefer to be reborn as in the future if birth rates in rich countries keep plummeting?

Last Answer : I’d like to stay dead once gone, preferably. Guys, don’t bring me back if you manage to bypass death. Please

Those people who hate the rich, if they won or got a windfall of money would they give 98% away to keep from being rich?

Description : Those people who hate the rich, if they won or got a windfall of money would they give 98% away to keep from being rich?

Last Answer : answer:HAHAHA. Don’t expect any rich-haters to answer this one honestly. I think you can buy a lot of happiness with money. Yours as well as other people’s. Strange but true: Bill and Melinda Gates spend more money on people to help give it away than Bill Gates ever did on people to help make it.

Why do so many rich & powerful people keep getting in trouble for illegal gun possession ?

Description : Why do so many rich & powerful people keep getting in trouble for illegal gun possession ?

Last Answer : What do all these guys need guns for? Don’t get me started on Gilbert Arenas. That dude was just being a dunce. Embarrassing. The only thing I can come up with is that they’re paranoid. Rich people have more to lose than most.

How are the rich & famous able to communicate and keep their privacy ?

Description : How are the rich & famous able to communicate and keep their privacy ?

Last Answer : well being famous myself, I can’t share that information sorry! just joking. Good question no idea :)

What does the average day of a billionaire business owner look like? Clearly someone like Bezos or Zuckerberg don’t have to wake up the way their employees do but are the constantly flying all over for meetings and stuff or just living like rich assholes while board members keep Amazon/FB running?

Description : What does the average day of a billionaire business owner look like? Clearly someone like Bezos or Zuckerberg don’t have to wake up the way their employees do but are the constantly flying all over for meetings and stuff or just living like rich assholes while board members keep Amazon/FB running?

Last Answer : Most likely both.