Question

Suggest some methods for establishing socioeconomic Equality in our country.​

Answer 1

Explanation:

Ensuring greater work participation of women, boosting farm prospects and providing universal basic income can make a dent

How to fight inequality was one of the hot topics in Davos at the World Economic Forum Annual Meeting last month. It’s a timely topic, too. As Oxfam reported, the top one percent of the world increased their wealth by $762 billion while the bottom 50 per cent saw no growth, increasing the divide between social classes. This kind of economic inequality can result in unfair political institutions, unfair control by a few wealthy over others and unfair workers’ laws.

Solutions to reducing income inequality lie in three aspects: (1) investing in women; (2) investing in agriculture; and (3) reforming workplace