Social Sciences, asked by beastboyamitsoni569, 2 months ago

How is inequality present in the market system.

Answers

Answered by aditya23kasare

3

Answer:

If those rent-seeking opportunities are correlated with where you are in the income / wealth distribution, then market economies are likely to exacerbate inequality. For a country like India, this means that in so far as endowments reflect historical caste inequalities, so will market outcomes.

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