Question

Redtapism and corruption lead to
a) Inefficiency of production
b) Inequality of income and wealth
c) Absence of technology
d) Efficient use of resources

Answer 1

b) Inequal distribution of income.

Red tapism refers to the extremely strict laws and rules and regulations which are enforced by the government on the people.

Corruption and the rigid laws curb the abilities and the potential of the people who work to produce commodities.

Corruption does not let a deserving person get a fair share of the profits earned, and neither do they get even the basic amount of payment which they have rightly earned through human labour.

Thus, red tapism and corruption are responsible for the way wealth is not distributed equally .