Because the market system enables entrepreneurs and investors who develop new technology to reap financial rewards from their risk of capital, it may seem that the primary result of this activity is that some people who have spare capital accumulate more. ███
Intro topic ·Tech developments in market system
Might seem that main result of new tech is rich get richer.
Causal mechanism ·Market system causes spreading of benefits by driving prices down
Business owners want to make money, which means they need to expand their customer base. This requires lowering prices, which expands access to technology.
Passage Style
Single position
17.
As used in the passage, ███ ████ ███████████████ ███████████████ ████████ ██ ███ █████ ██████████ ████ ██████ █████ ██████████ █████ ███ ██ ███ ██████████
Question Type
Meaning in context (of word, phrase, or idea)
Structure
Immediately after using the phrase “democratizing force,” the author states that the “gap in benefits accruing to different groups has been narrowed in the long term.” So “democratizing force” means equalizing the benefits of technological development.
a
distribution of tangible ███ ██████████ █████
This best captures what’s being equalized by technological developments. P2 gives examples of tangible (touchable) and intangible (untouchable) goods. Books are touchable. More efficient communication is not touchable.
82%
b
opportunity to create ███ ██████████
This doesn’t capture the meaning, because P2 doesn’t present examples of having a more equal opportunity to make new technology.
3%
c
accumulation of financial ██████ ██ ███████████
This doesn’t capture the meaning, because P2 doesn’t present examples of acquiring financial assets.
4%
d
participation in the ██████████ ██ ███████ ███████ ██████ ██████ ██ ███████ ████████████
This doesn’t capture the meaning, because P2 doesn’t present examples of having more opportunities to participate in regulating society.
7%
e
generally acknowledged social ██████ ██ █ █████████
This doesn’t capture the meaning, because P2 doesn’t present examples of opportunities for more equal social status.
5%
Difficulty
82% of people who answer get this correct
This is a moderately difficult question.
It is slightly harder than the average question in this passage.
CURVE
Score of students with a 50% chance of getting this right
25%139
148
75%157
Analysis
Meaning in context (of word, phrase, or idea)
Meaning in context (of word, phrase, or idea)
Stems that ask us to interpret the meaning of a word, phrase, or idea given the context in which it appears.
An umbrella tag marking questions that test our understanding of the passage's overall structure (e.g. Main point, Purpose of paragraph, Meaning in context, Describe organization).
