Smith's Assumption on Wealthy Helping the Less Fortunate

Multiple Select Question Select all that apply

Smith's assumption that the wealthy would naturally reach out to help those less fortunate Blank______. (More than one answer may be correct)

Multiple select question.

has led to great disparities in income and wealth

has proven to be true and there is now income equity

has led some billionaires to recognize that they have an obligation to help the poor by giving back

has led to income inequality that is creating social and political problems today

Based on the context of Smith's assumption regarding the wealthy and their responsibility towards the less fortunate, the following options are likely correct:

1. has led to great disparities in income and wealth
2. has led some billionaires to recognize that they have an obligation to help the poor by giving back
3. has led to income inequality that is creating social and political problems today

The option "has proven to be true and there is now income equity" is generally not accurate, as income equity is not widely recognized as a current reality in most societies.