ECONOMICS
INCOME DISTRIBUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which does not cause income inequality?
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Improved education provision
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Poor skills and training
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Age
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Increased unemployment
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Explanation:
Detailed explanation-1: -Detailed Solution. The correct answer is Growth of Service Sector in India.
Detailed explanation-2: -Factors such as lack of infrastructure, class, linguistic exclusion, geography, gender inequality, caste discrimination and so on are collectively responsible for educational inequality.
Detailed explanation-3: -High levels of income inequality are linked to economic instability, financial crisis, debt and inflation.
Detailed explanation-4: -2.1 Globalization. 2.2 Superstar hypothesis. 2.3 Education. 2.4 Skill-biased technological change. 2.5 Race and gender disparities. 2.6 Incentives. 2.7 Stock buybacks.
There is 1 question to complete.