Social Sciences, asked by samalakavitha86, 10 months ago

write any 2 consequences of concentration of wealth in few hands​

Answers

Answered by tyshawndavis38
0

Answer: katrell ja'rell davis take it all

Explanation:

Answered by gratefuljarette
0

2 consequences of concentration of wealth in few hands​

  • In 2030 some cites the "enormous disparities of wealth, opportunity,,power" it is one of the  "immense challenges".
  • This would lead to dissatisfaction of happiness and lower the level of economic growth.

The main cause for this

Unemployment:

It is the major  reason for  lower  income of the Indian people is employment problem, underemployment, and  low in productivity of  labour

Inflation:

Inequality is inflation.

Tax Evasion

Tax rates is high en­courage for evasion ,avoidance. What is hap­pened in India during  plan period.

Regressive Tax:

Indirect taxes give maximum revenue to the government they are regressive in nature.  

New Agriculture strategy:

Revolution and raised agricultural productivity. it has higher productivity enjoyed by rich farmers,landowners

Learn more about concentration of wealth

Discuss the causes for concentration wealth in few hands

https://brainly.in/question/2658272

Under indian constitution, the concentration of wealth violates the

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