History, asked by elemansubba, 1 year ago

analyse the reasons as to why it is important to have an equitable global distribution of wealth

Answers

Answered by PrashantPundir
4
if this will happen then starvation will be over some people have enough money like Mukesh Ambani he can give money to every home india and after that a large amount of money will rest.
Answered by Anshults
1

Equitable distribution of wealth is important because of the following reason.

1.  It will increase investment and production because more countries and people get opportunity to invest and produce more. So it will lead to economic growth and development.

2.  It will end starvation, malnutrition, population explosion in poor countries.

3.  It will bring balance on the globe as more wealth is in the hands of few countries.

4.  It will bring harmony, equality and brotherhood all over the world.

5.  It would create more opportunities for employed youth in poor countries and make them more productive.

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