The Evolution of Wealth Distribution Theories
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Questions and Answers

What did John Angle describe as the cause of wealth distribution?

  • The free market
  • The redistribution of wealth
  • The imbalance between the rich and the poor
  • Pairwise transactions among economic agents (correct)
  • What is the relationship between the free market and wealth redistribution?

  • The free market is an economy without redistribution of wealth (correct)
  • The free market is a form of wealth redistribution
  • The free market and wealth redistribution are unrelated
  • The free market encourages wealth redistribution
  • What is the long-term effect of the free market on wealth distribution?

  • Wealth distribution fluctuates unpredictably
  • Wealth is distributed more evenly
  • Inequality inevitably grows more pronounced (correct)
  • Wealth remains constant
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