# data[].attributes.body
-Social Insurance Programs
-Public Assistance Programs

# data[].attributes.body
Replace earnings that have been replaced by retirement, disabilities, or temporary unemployment.

# data[].attributes.body
Assistance programs meant to assist those who are disabled or unable to make their own income.

# data[].attributes.body
Income is a flow while wealth is a stock

# data[].attributes.body
Specific goods or services being traded instead of cash.  Medicare, Medicaid, subsidized school lunches, food stamps, and housing subsidies are a few.

# data[].attributes.body
Differences in ability, education, preferences for market work, poverty ownership, and market power- along with discrimination and luck- help explain income inequality

# data[].attributes.body
Greater demand for highly skilled workers causes the people without advanced degrees to not have as many good job opportunities. The Baby boomers also are at their peak financial point. The final key factor is imported goods casing local jobs to pay lower to compete.

# data[].attributes.body
Greater income equality comes at the opportunity cost of reduced production and income.

# data[].attributes.body
If they can't be broken up into small enough companies and their actions are the issue, then regulate the monopoly's actions.

If it can be broken up into small enough companies then break it up.

# data[].attributes.body
Data distributed by five income brackets, typically split by 20 percents.

# data[].attributes.body
Income inequality described by the Lorenz curve can be show by the Gini ratio
area of A over area of A and B
A/(A+B)

# data[].attributes.body
The most effective way of government redistribution.

# data[].attributes.body
Movement of individuals from one income quintile to another over time .

# data[].attributes.body
Displays the quintile distribution of personal income

# data[].attributes.body
The conditions in which goods and services are produced, the impact of productions on society, and the physical qualities of goods

# data[].attributes.body
Created the Federal Trade Commission which has joint responsibility with the U.S Justice Department for enforcing the anti trust laws.

# data[].attributes.body
When economies of scale are so extensive that a single firm can supply the entire market a lower average total cost than the rest of the market.

# data[].attributes.body
The size of the industry needs to be defined in each case.
In cellophane industry, DuPont owns 100%, and in packaging industry, DuPont owns 20%.

# data[].attributes.body
Industrial regulation is necessary to keep a natural monopoly from charging monopoly prices that lead to harming consumers and society.

# data[].attributes.body
established the Rule of Reason: They weren't breaking any laws and were just big.

# data[].attributes.body
Treated strictly against. In and of itself illegal, known as per se violations

# data[].attributes.body
a merge of two firms in completely different industries

# data[].attributes.body
Broken up due to monopolizing the petroleum industry.

# data[].attributes.body
Designed to inhibit or prevent the growth of a monopoly.

# data[].attributes.body
The cornerstone of antitrust legislation.

# data[].attributes.body
Merger between a resource producer and producer who uses those resources to produce a good

# data[].attributes.body
A merger between two firms of similar products in the same geographic product.
Horizontal is not allowed because it eliminates competition.