mention any 3 factors responsible for large income inequalities [3 marks ]
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1] highly unequal asset distribution.2] inadequate employment generation.3] differential regional growth.
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Three factors responsible for large economic inequalities are :
● Lack of education and health facilities for poor.
● Slow pace of manufacturing growth due to which the poor have largely remained confined to low productivity agricultural occupation.
● Control of political power by rich and middle class people due to which poor gets neglected.
● Lack of education and health facilities for poor.
● Slow pace of manufacturing growth due to which the poor have largely remained confined to low productivity agricultural occupation.
● Control of political power by rich and middle class people due to which poor gets neglected.
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