Question: Which statement is the most accurate? a) Although there are several theories of poverty, it is possible to formulate just one theory which completely explains

Which statement is the most accurate?

a) Although there are several theories of poverty, it is possible to formulate just one theory which completely explains 99 percent of all poverty in the United States.

b) There are at least a dozen theories of poverty, and each has at least some apparent validity.

c) Poverty can be explained largely by employment discrimination.

d) Poverty is no longer a major socioeconomic problem in the United States.

Step by Step Solution

3.39 Rating (158 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The most accurate statement is b There are at least a dozen theories of poverty and each has at leas... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Microeconomics Questions!