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Answered: Read steven strauss’ article, the connection between education,

 

Read Steven Strauss’ article, The Connection Between Education, Income Inequality, and Unemployment (Links to an external site.).

  • Describe how a country can measure its income inequality.
  • Evaluate the effect of income inequality on the U.S. economy, such as unemployment, economic growth, and other economic factors.
  • Estimate the gap between those who hold bachelor’s and higher (master or doctoral) degrees and those who do not.
  • Explain reasons why the inequality gap between educated and less-educated workers has been widening.
  • Evaluate whether increasing opportunities for higher education can reduce income inequality.
  • Analyze what else causes U.S. income inequality to widen.
  • Recommend how to reduce educationally based income inequality or other factors if you were a federal policy maker.

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