Exam 4: Inequality of Opportunity

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Briefly discuss the issue of inequality both within and among countries.

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Explain Isaiah Berlin's metaphor of cakes and shares.

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Briefly cite the evidence regarding intrastate school district funding disparities.

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What is Kultner's point regarding political democracy and market capitalism?

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Does market capitalism provide a workable moral standard for society?

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The great economists' metaphor of the "invisible hand" showed how complete equality could be achieved.

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Poverty rates in the United States are worse than the average for the OECD (Organization for Economic and Cooperative Development)

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