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20 Feb 2023, 23:52
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E
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Difficulty:
35%
(medium)
Question Stats:
71% (01:53) correct
29%
(02:00)
wrong
based on 213
sessions
History
Date
Time
Result
Not Attempted Yet
Finance Minister: The outrage in the media around the government being pro-rich and anti-poor is completely uncalled for. Economic disparities, which had been growing in our country for the past few decades, have been effectively controlled by the new policies that the government implemented in the last ten years since our political party took charge. The results are evident in that families from the lower economic strata who could earlier not afford to pay for basic necessities such as primary education and healthcare can now afford them easily.
Which of the following options best captures the inherent flaw in the minister's argument?
A. It rests on only one example rather than multiple, diverse examples.
B. It highlights only the financial aspects and not the overall life of the people, something that a government holds accountability for.
C. It fails to address the changes in buying power and living standards of the people in the higher economic strata.
D. It compares events over too long an interval to make possible the separation of the effect of government policies from the effect of global events uplifting the living standards of the world's population.
E. It fails to consider that economic disparity concerns the difference in the economic status of different economic layers in a society rather than the difference in economic status of the same layer at different points in time.
Which of the following options best captures the inherent flaw in the minister's argument?
A. It rests on only one example rather than multiple, diverse examples.
B. It highlights only the financial aspects and not the overall life of the people, something that a government holds accountability for.
C. It fails to address the changes in buying power and living standards of the people in the higher economic strata.
D. It compares events over too long an interval to make possible the separation of the effect of government policies from the effect of global events uplifting the living standards of the world's population.
E. It fails to consider that economic disparity concerns the difference in the economic status of different economic layers in a society rather than the difference in economic status of the same layer at different points in time.
24 Feb 2023, 01:08
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The flaw in the Finance Minister's argument is that it fails to recognize that economic disparity concerns the difference in the economic status of different economic layers in a society rather than the difference in economic status of the same layer at different points in time. This means that just because families from the lower economic strata can now afford basic necessities, it doesn't mean that economic disparities have been effectively controlled. The answer is (e).
20 Aug 2024, 02:12
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e. It fails to consider that economic disparity concerns the difference in the economic status of different economic layers in a society rather than the difference in economic status of the same layer at different points in time.
This option highlights that the minister's argument is flawed because it focuses on the improvement of the economic status of a single layer (the lower economic strata) over time, rather than addressing the disparity between different economic layers (i.e., the gap between the rich and the poor). The issue of economic disparity is about the relative differences in wealth and income between various groups within society, not just the absolute improvement of one group.
This option highlights that the minister's argument is flawed because it focuses on the improvement of the economic status of a single layer (the lower economic strata) over time, rather than addressing the disparity between different economic layers (i.e., the gap between the rich and the poor). The issue of economic disparity is about the relative differences in wealth and income between various groups within society, not just the absolute improvement of one group.
