Social Sciences, asked by shreyasimaiti, 2 days ago

7. Study the pictures given below. Do you think that markets create economic inequality? Justify. VANILA BR CREAM

Answers

Answered by jinidarman

Answer:

the pictures are not attached

anyway,

Explanation:

Furthermore, markets are rarely perfect and all the violations of perfect competition give rise to rent-seeking opportunities. If those rent-seeking opportunities are correlated with where you are in the income / wealth distribution, then market economies are likely to exacerbate inequality.

Hope that helps

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