ECONOMICS
INCOME DISTRIBUTION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -’ Rising inequality is important because it fuels social divisions and unrest across the world, and social unrest can spark events that disrupt investment markets, sometimes resulting in the widespread destruction of wealth.
Detailed explanation-2: -Structural changes in society, crises such as natural disasters, and the capacity for individuals to engage in collective action are the main causes of social unrest. People perceive injustice or fear and are compelled into collective action even across social stratifiers of race or class.
Detailed explanation-3: -High levels of income inequality are linked to economic instability, financial crisis, debt and inflation.
Detailed explanation-4: -Civil disorder, also known as civil disturbance, civil unrest, or social unrest is a situation arising from a mass act of civil disobedience (such as a demonstration, riot, strike, or unlawful assembly) in which law enforcement has difficulty maintaining their authority.