how do the inequalities of income and wealth contribute towards poverty
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Inequalities of income and wealth contribute towards poverty in the following manner:
a. Due to income disparities poor are not able to manage their basic necessities of life and become victims of poverty.
b. Reason for this has been unequal distribution of land and resources.
c. There have been many loopholes in policies related to land reforms, redistribution of assets.
d. Poor implementation of state sponsored programmes has also contributed in inequalities.
a. Due to income disparities poor are not able to manage their basic necessities of life and become victims of poverty.
b. Reason for this has been unequal distribution of land and resources.
c. There have been many loopholes in policies related to land reforms, redistribution of assets.
d. Poor implementation of state sponsored programmes has also contributed in inequalities.
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Economic inequality is the difference found in various measures of economic well-being among individuals in a group, among groups in a population, or among countries.
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