Question

Unequal access to basic services define

Answer 1

In an economy equilibrium is an important factor to attain a good economy. As a result it is the governments responsibility to ensure the accessibility of basic services to everyone no matter their income.

By doing so it results in the development of other sectors to thrive by contributing to the GDP. Businesses play an intermediary role in doing the same when the governments cant do so. So the government have to support the businesses by providing electricity at lower charges, providing subsidies, etc.

Inequality results in inflation rates soaring as everyone won't be able to pay. Businesses running out of choices as the people who do not have time to pay of their necessities won't risk their effort in buying service that they don't need