The 99% Rule

Description: The 99% Rule is a book by Occupy Wall Street activist and journalist Micah White. The book argues that the top 1% of earners in the United States control a disproportionate amount of the country's wealth and power, and that this inequality is a threat to democracy and social justice.
Number of Questions: 15
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Tags: economics economic inequality wealth distribution
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What is the main argument of The 99% Rule?

  1. The top 1% of earners in the United States control a disproportionate amount of the country's wealth and power.

  2. The top 1% of earners in the United States pay a disproportionate amount of taxes.

  3. The top 1% of earners in the United States are more likely to be self-employed.

  4. The top 1% of earners in the United States are more likely to have a college degree.


Correct Option: A
Explanation:

The book argues that the top 1% of earners in the United States control a disproportionate amount of the country's wealth and power, and that this inequality is a threat to democracy and social justice.

What percentage of the country's wealth does the top 1% of earners control?

  1. 20%

  2. 30%

  3. 40%

  4. 50%


Correct Option: C
Explanation:

The book argues that the top 1% of earners in the United States control 40% of the country's wealth.

What percentage of the country's income does the top 1% of earners earn?

  1. 10%

  2. 20%

  3. 30%

  4. 40%


Correct Option: B
Explanation:

The book argues that the top 1% of earners in the United States earn 20% of the country's income.

What are some of the consequences of economic inequality?

  1. Increased poverty and homelessness.

  2. Decreased social mobility.

  3. Increased crime and violence.

  4. All of the above.


Correct Option: D
Explanation:

The book argues that economic inequality has a number of negative consequences, including increased poverty and homelessness, decreased social mobility, and increased crime and violence.

What are some of the solutions to economic inequality?

  1. Raising taxes on the wealthy.

  2. Increasing the minimum wage.

  3. Providing more affordable housing.

  4. All of the above.


Correct Option: D
Explanation:

The book argues that there are a number of solutions to economic inequality, including raising taxes on the wealthy, increasing the minimum wage, and providing more affordable housing.

What is the author's hope for the future?

  1. That the 99% will rise up and demand change.

  2. That the government will take action to address economic inequality.

  3. That the wealthy will voluntarily give up some of their wealth.

  4. All of the above.


Correct Option: D
Explanation:

The author hopes that the 99% will rise up and demand change, that the government will take action to address economic inequality, and that the wealthy will voluntarily give up some of their wealth.

What is the significance of the title The 99% Rule?

  1. It refers to the fact that the top 1% of earners control a disproportionate amount of the country's wealth and power.

  2. It refers to the fact that the bottom 99% of earners are struggling to make ends meet.

  3. It refers to the fact that the middle class is shrinking.

  4. All of the above.


Correct Option: D
Explanation:

The title The 99% Rule has multiple meanings. It refers to the fact that the top 1% of earners control a disproportionate amount of the country's wealth and power, that the bottom 99% of earners are struggling to make ends meet, and that the middle class is shrinking.

What is the author's writing style like?

  1. Clear and concise.

  2. Passionate and engaging.

  3. Scholarly and academic.

  4. All of the above.


Correct Option: D
Explanation:

The author's writing style is clear and concise, passionate and engaging, and scholarly and academic.

What is the intended audience for The 99% Rule?

  1. Activists and policymakers.

  2. Academics and researchers.

  3. The general public.

  4. All of the above.


Correct Option: D
Explanation:

The intended audience for The 99% Rule is activists and policymakers, academics and researchers, and the general public.

What is the overall message of The 99% Rule?

  1. That economic inequality is a serious problem that needs to be addressed.

  2. That the 99% need to rise up and demand change.

  3. That the government needs to take action to address economic inequality.

  4. All of the above.


Correct Option: D
Explanation:

The overall message of The 99% Rule is that economic inequality is a serious problem that needs to be addressed, that the 99% need to rise up and demand change, and that the government needs to take action to address economic inequality.

How has The 99% Rule been received by critics?

  1. It has been praised for its clear and concise writing style.

  2. It has been praised for its passionate and engaging tone.

  3. It has been praised for its scholarly and academic rigor.

  4. All of the above.


Correct Option: D
Explanation:

The 99% Rule has been praised by critics for its clear and concise writing style, its passionate and engaging tone, and its scholarly and academic rigor.

What is the impact of The 99% Rule?

  1. It has helped to raise awareness of the issue of economic inequality.

  2. It has helped to mobilize the 99% to demand change.

  3. It has helped to put pressure on the government to take action to address economic inequality.

  4. All of the above.


Correct Option: D
Explanation:

The 99% Rule has helped to raise awareness of the issue of economic inequality, it has helped to mobilize the 99% to demand change, and it has helped to put pressure on the government to take action to address economic inequality.

What is the legacy of The 99% Rule?

  1. It will be remembered as a seminal work on the issue of economic inequality.

  2. It will be remembered as a call to action for the 99%.

  3. It will be remembered as a book that helped to change the world.

  4. All of the above.


Correct Option: D
Explanation:

The 99% Rule will be remembered as a seminal work on the issue of economic inequality, a call to action for the 99%, and a book that helped to change the world.

What are some of the limitations of The 99% Rule?

  1. It does not offer any specific solutions to the problem of economic inequality.

  2. It does not provide a comprehensive analysis of the causes of economic inequality.

  3. It does not take into account the global context of economic inequality.

  4. All of the above.


Correct Option: D
Explanation:

The 99% Rule does not offer any specific solutions to the problem of economic inequality, it does not provide a comprehensive analysis of the causes of economic inequality, and it does not take into account the global context of economic inequality.

What are some of the criticisms of The 99% Rule?

  1. It is too simplistic.

  2. It is too ideological.

  3. It is not based on sound economic analysis.

  4. All of the above.


Correct Option: D
Explanation:

The 99% Rule has been criticized for being too simplistic, too ideological, and not based on sound economic analysis.

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