Question

what is the main reason behind huge income inequalities?
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Answer 1

Answer:

Private ownership of property and inheritance laws is mainly responsible for highly unequal distribution of assets. Inadequate Employment Generation: People at the bottom could raise their economic status and to an extent reduce the distance separating them from those at the top, if they could get work.

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Answer 2

Main reason is uneven and poor growth factor and inadequate employment as stated below: Growth Factor: As development taking place in India it is observed that therise in earnings different for different group of people. The rise of incomes of the upper and middle-income groups is more rapid than those of the poor.

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