Assertion (A) Small scale industries ensure a more equitable distribution of national income and wealth. Reason (R): The ownership of small scale industries is more wide spread than the ownership of large scale industries. (a) Both Assertion (A) and Reason (R) are true. (b) Both Assertion (A) and Reason (R) are false.
Answers
(a) Both Assertion (A) and Reason (R) are true.
Explanation:
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Answer:
Answer. (a) Both Assertion (A) and Reason (R) are true
Explanation:
Equitable distribution of income ensures dispensing welfare to make sure equity and allowing participants of the financial system to have the same opportunity to accumulate wealth. The government redistributes tax revenue to make certain equitable distribution of wealth.
a terrific short-run solution could be a revolutionary tax gadget with transfer bills, which includes subsidies, unemployment blessings and incapacity benefits. via taxing better profits businesses greater than decrease-profits agencies, the earnings may be redistributed from the rich to the bad
function and significance of Small Scale Industries. Small scale industries are important because it allows in growing employment and monetary development of India. It improves the increase of the us of a through growing urban and rural boom
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