Asked by

claritza lozano
on Nov 13, 2024

verifed

Verified

According to the textbook, why might redistributive policies such as progressive income tax not have much effect on the roots of economic inequality?

A) Because they have little effect on the rich.
B) Because they have little effect on the distribution of wealth.
C) Because they have little effect on the distribution of income.
D) Because they have little effect on the poor.

Redistributive Policies

Government policies designed to redistribute wealth and resources from one segment of the population to another, typically from the wealthier to the less wealthy.

Economic Inequality

The unequal distribution of wealth, income, and access to resources within a society, leading to disparities in living standards.

  • Comprehend the influence of taxes and government regulations on the disparities in income distribution.
verifed

Verified Answer

KN
Kaydance NelsonNov 19, 2024
Final Answer:
Get Full Answer