How has unequal distribution of income and wealth has become a major cause for poverty in India? In 50 word
Answers
Answer:
Income and wealth inequality can be caused by differences in the growth of income of different social groups. Changes in employment and taxation and government policy can also affect levels of inequality. The last explanation suggests that U.S. government policies created an institutional framework that led to increasing inequality. Since the late 1970s, deregulation, de-unionization, tax changes, federal monetary policies, “the shareholder revolution,” and other policies reduced wages and employment.
FOLLOW ME
Ctrl+Z.......
Explanation:
Answer:
Income and wealth inequality can be caused by differences in the growth of income of different social groups. Changes in employment and taxation and government policy can also affect levels of inequality. The last explanation suggests that U.S. government policies created an institutional framework that led to increasing inequality. Since the late 1970s, deregulation, de-unionization, tax changes, federal monetary policies, “the shareholder revolution,” and other policies reduced wages and employment.
FOLLOW ME
Ctrl+Z.......
Explanation: