how is huge income inequalities responsible for high poverty rate
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The initial level of inequality affects the poverty reducing capacity of growth, as a more equitable distribution of income and assets provides the poor with more means and opportunities to improve their standard of living.
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1
Answer:
The initial level of inequality affects the poverty reducing capacity of growth, as a more equitable distribution of income and assets provides the poor with more means and opportunities to improve their standard of living.
Explanation:
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