Economy, asked by favaskkrarakkal, 1 year ago

The main reason of the iniquality ​

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Answered by madoka
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Answer:

The concept behind it is a theoretical process called “wealth concentration.” ... The reason is simple: People who already hold wealth have the resources to invest or to leverage the accumulation of wealth, which creates new wealth. The process of wealth concentration arguably makes economic inequality a vicious cycle.

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Answered by harsh05572
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\huge\underline\green{\mathcal Answer :-}

The concept behind it is a theoretical process called “wealth concentration.” ... The reason is simple: People who already hold wealth have the resources to invest or to leverage the accumulation of wealth, which creates new wealth. The process of wealth concentration arguably makes economic inequality a vicious cycle.

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