A system where the state tries to ensure equitable distribution of wealth is called __________.
Answers
Answer:
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Answer:
The correct answer to this question is Income and wealth redistribution refers to the transfer of income and wealth from some people to others through a social mechanism such as taxation, charity, welfare, public services, land reform, monetary policy, confiscation, divorce, or tort law.
Explanation:
Given - Equitable distribution of wealth.
To Find - A system where the state tries to ensure equitable distribution of wealth is called __________.
Income and wealth redistribution refers to the transfer of income and wealth (including tangible property) from some people to others through a social mechanism such as taxation, charity, welfare, public services, land reform, monetary policy, confiscation, divorce, or tort law.
The partition of property that takes place during divorce is referred to as equitable distribution. The objective of equitable distribution is to share the property in accordance with a number of criteria that influence the amount that each party receives, not to distribute it equally.
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