write any two consequences of concentration of wealth in few hands
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Consequences of concentration of wealth in few hands are as follows-
This would lead to dissatisfaction of happiness and lower the level of economic growth.
Everyone won't be able to get equal health quality as some would receive better and more professional care than the others.
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The two consequences of concentration of wealth is the suppression of the low class people by the high class people and the affordability to buy properties becomes higher among the high class people when compared to the middle class and low class ones.
Explanation:
- Wealthier people will grow in the society while the poor people remain in the same condition.
- The wealthier people will have more affordability in buying houses and properties which seizes the opportunities of the low class people.
To know more:
1) Discuss the causes for concentration wealth in few hands
https://brainly.in/question/2658272.
2) What do you mean by concentration of wealth in few hands?
https://brainly.in/question/10952558
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