Accountancy, asked by aniketjha65, 10 months ago

3. Long Answer Type Questions,
1. Explain with examples the causes of inequality in India,​

Answers

Answered by aryan82662
1

Answer:

What is inequality?

The Cambridge dictionary describes inequality as “the unfair situation in society when some people have more opportunities, etc. than other people”. The United Nations describes it even more simply as “the state of not being equal, especially in status, rights and opportunities”.

While the term itself is quite vast and has various interpretations, for the purpose of simplicity, the two large umbrellas under which we can classify inequality would be economic inequality and social inequality. Both these categories are deeply intertwined and inequality in one often affects the inequality in another. Over the years, through its course of study, Oxfam has studied inequality as a grave social injustice and has documented the incidents and scale of this inequality at a global level.

Economic Inequality

Perhaps the most quantified and calculated form of inequality is the economic variant. Even here, the most predominant forms of inequality measured are those of income inequality and wealth inequality. Income inequality is the inequality in and disparity in the incomes commanded by the top percentile of the population in comparison to the bottom percentiles, while wealth inequality measures look to do the same but by calculating disparities in wealth instead of income.

Income

“Income is not just the money received through pay, but all the money received from employment (wages, salaries, bonuses etc.), investments, such as interest on savings accounts and dividends from shares of stock, savings, state benefits, pensions (state, personal, company) and rent.”

-The Equality Trust

PRATIMA, A CASUALTY OF INDIA'S GROWING INEQUALITY. READ HER STORY HERE

Wealth

“Wealth refers to the total amount of assets of an individual or household. This may include financial assets, such as bonds and stocks, property and private pension rights. Wealth inequality, therefore, refers to the unequal distribution of assets in a group of people”

-The Equality Trust

Hope it will help you

Answered by bindu5147
1

Answer:

if in India there is inequality such as cast feelings and gender feelings poor and rich feelings extra

causes of these inequalities in India

(1): first it can damage the people heart

(2): it can leads to other to hate

(3): it can be leads to war

(4) it can leads to death of people

precautions: for not getting this causes it would be better to shown equality

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