Reading: Causes of Inequality in Income Distribution
Income
Inequality in America
Causes
of Income Inequality
•Rise
of more decentralized wage system determined by the free market’s supply and
demand principles
- Enterprise bargaining
- Enterprise bargaining
•Wealth
and how it affects income distribution
- Wealth is an insulator against rises in inflation
- Wealth is an insulator against rises in inflation
•Rise
of more decentralized wage system determined by the free market’s supply and
demand principles
- Enterprise bargaining
- Enterprise bargaining
•Wealth
and how it affects income distribution
- Wealth is an insulator against rises in inflation
- Wealth is an insulator against rises in inflation
Rise
of a More Decentralized Wage System
Causes
of Income Inequality
•Rise
of more decentralized wage system determined by the free market’s supply and
demand principles
- Enterprise bargaining
- Enterprise bargaining
•Wealth
and how it affects income distribution
- Wealth is an insulator against rises in inflation
- Wealth is an insulator against rises in inflation
Rise
of a More Decentralized Wage System
Wealth
as a Determinant of Income Inequality
•Wealth
allows individuals to take advantage of circumstances otherwise unavailable to
individuals subject to poorer socio-economic status
- Education
- Contacts
- Relatively easier to enter the workforce
- Ability to invest in assets
- Able to capitalize on inflation as prices of assets increase
- Education
- Contacts
- Relatively easier to enter the workforce
- Ability to invest in assets
- Able to capitalize on inflation as prices of assets increase
Last modified: Tuesday, August 14, 2018, 10:16 AM