discuss the causes for concentration wealth in few hands
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A few causes for concentration of wealth in few hands are given as follows:
1. Gender inequality: It is often seen in several sectors that men and women are not paid equally and hence this becomes one of the root causes of wealth inequality.
2.Techological advancement: With the advanced technology, many people are losing their jobs and finding it difficult to work. There are some who are not literate enough to cope up with the technological advances.
3. Caste system: There are reservations found in every sector and hence, people get advantage irrespective of their economic status. This results in the rich becoming richer and the poor becoming poorer.
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