Question

explain four reasons of economic inequality​

Answer 1

The Causes of Economic Inequality

The Causes of Economic Inequality

(i) Growth in technology widens income gap.

(ii) Gender does matter. In many countries, there is a gender income gap in the labor market

(iii) Personal factors.

(IV) Globalization.

Answer 2

Explanation:

(I). Growth in technology widens income gap. Growth in technology arguably renders joblessness at all skill levels.

(II). Gender does matter. In many countries, there is a gender income gap in the labor marke.

(III). Globalization.

(IV). Personal factors.