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. βββ
Intro topic Β·Tech developments in market system
Might seem that main result of new tech is rich get richer.
Causal mechanism Β·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
20.
From the passage it can ββ ββββ ββββββββββ ββββββββ ββββ βββ ββββββ βββββ βββββ ββββ βββββ βββ ββ βββ βββββββββ βββββββββββ
Question Type
Authorβs perspective
Implied
We canβt anticipate the correct answer just from the question stem, so letβs use process of elimination.
a
The democratizing influence ββ ββββββββββ βββββββββ βββββββββββ ββ βββββββββββββ βββββββββββββ
The author never comments on βtechnological obsolescenceβ (tech becoming obsolete). So have no reason to think the author agrees with this.
We have no reason to believe the author thinks βwholly unregulated economicsβ are the fastest in equalizing social status. Also, the author never comments on βsocial statusβ in the passage. Donβt assume that more equal benefits from technology have anything to do with social status.
The author doesnβt suggest that one kind of tech has had a greater equalizing effect than another kind of tech.
e
Near equality of βββββββββ ββββββ βββββ ββββββ ββ β βββββββββ ββββ βββ ββββββ ββββββββββ
We have no reason to think the author believes near-equal financial assets is realistic. The democratized benefits discussed in the passage do not involve financial assets.
Difficulty
82% of people who answer get this correct
This is a moderately difficult question.
It is similar in difficulty to other questions in this passage.
CURVE
Score of students with a 50% chance of getting this right
25%139
148
75%158
Analysis
Authorβs perspective
Implied
Science
Single position
Answer Popularity
PopularityAvg. score
a
5%
156
b
7%
159
c
82%
164
d
3%
155
e
3%
156
Question history
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