Question

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

Answer 1

Equitable distribution of wealth allows for harmony and cohesion thus preventing the disadvantaging of the majority of the members of the economy as a result of uneven distribution of wealth.
It also allows the low income earners to have the ability to access opportunities to grow wealth.
It also ensures balance and uniformity of growth in the economy.
It a ensures fairness in the distribution of wealth.