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Equitable income distribution is the concept or idea of fairness in taxation and welfare. It can refer to equal life chances regardless of identity, to provide all citizens with a basic and equal minimum of income, goods, and services or to increase funds and commitment for redistribution.
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What is meant by phrase distribution of wealth?
it is the distribution of money and wealth
Why does America not have a more equal distribution of wealth among its people?
Because there is the upper class who are in those positions. This also could be caused by the money inherited and the fear of losing it. Many believe that to keep it a middle class and lower class must exist to indulge those in power.ALTERNATE ANSWER:America does not have a more equal distribution of wealth among its people because distributing wealth more equally is not the will of its people. N.B.: Financial wealth distribution is a function of the politically permitted marketplace. The American government [the will of the people] permits its citizens to fend financially for themselves, individually or collectively, in the producing, trading, buying, and selling of goods and service wares. Since individual and collective financial performances vary, their resulting wealths are distributed in proportionate variance.Because the voting public is ignorant and apathetic enough to permit it. If we chose to tax wealth instead of income, and tax it progressively, all of our nation's financial woes could be addressed. Instead we are at the hands of the wealthy parasites that owned 34.1% of our privately held wealth in 2004 a pay a minor portion of our taxes. This is because we are ignorant and apathetic enough to permit them to buy our votes with their propaganda.
What are the 4 main responsibilities of government?
Equal distribution of power, national security, economics, and legislation.
Why are Huey Long and Father Charles E Coughlin referred to as demagogues?
Both men talked about the unbalanced distribution of power and wealth during the hard times of the Great Depression
Who did not share in the wealth of the growing nation?
Many marginalized groups, including Indigenous peoples, African Americans, and immigrants, did not share in the wealth of the growing nation, particularly during the 19th and early 20th centuries. Systemic discrimination, segregation, and exclusion from economic opportunities limited their ability to benefit from the nation’s prosperity. Additionally, women faced significant barriers to economic independence and access to resources. This disparity in wealth distribution has had lasting impacts on these communities.
What is equal distribution of wealth in economics?
Equal distribution of wealth is associated with the ideas of Communism and Socialism.
What are the benefits in socialist government?
Equal distribution of wealth.
What is one of the goals of the equal distribution of wealth?
Socialism
What is the philosophy advocating equal distribution of wealth?
Socialism and Communism.
Karl marx predicted that laissez faire would result in?
an equal distribution of wealth and income
Can Lorenz curve above the diagonal?
No.The Lorenz curve measures inequality of distribution of income (or wealth). The diagonal represents a distribution that is perfectly equal and you cannot get more equal than that!
What is meant by phrase distribution of wealth?
it is the distribution of money and wealth
Karl marx predicted that laissez-faire capitalism would result in?
an equal distribution of wealth and income
Do Saudi Arabia have equal distribution of income?
No, Saudi Arabia does not have equal distribution of income. There is a significant income inequality in the country, with a small percentage of the population holding a large share of the wealth while a larger portion of the population faces financial challenges.
What has the author Fred Twine written?
Fred Twine has written: 'Distribution of wealth and income' -- subject(s): Wealth, Income distribution
What is the distribution of wealth in Egypt?
its called "80,20" 80% own 20% of the wealth and 20% own 80% of the wealth
What is the wealth distribution in Puerto Rico?
they eat
