Sociology, asked by ansarimisbah617, 5 months ago

rich people have better economic status true or false with reason

Answers

Answered by neetusoni79
1

Answer:

true....

Having money from economic growth flow to poor people rather than the rich feeds into a lift in the rate of economic growth and lower unemployment. Conversely, as income inequality increases, the potential for economic growth is constrained.

The economic case for maintaining a progressive income tax structure and targeting welfare payments to those most in need is overwhelming.

The issue can be illustrated through a simple stylised example which outlines how a higher cash flow to the poorest is growth enhancing while a higher cash flow to the rich boosts savings, but keeps economic growth lower.

Answered by Rai0607
0

Answer:

yes because they have more facilitaties

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