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Question
Which of the following factors causes income inequality?
Which of the following factors causes income inequality?
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Solution
The correct option is D All of these.
Factors contributing to income inequality are closely linked to economic, social and political reasons. People are paid different wages for different jobs which creates an income gap. Individuals with different levels of education, often earn different wages, whose social condition while growing up may vary. Whereas, an unstable political climate creates a disproportionate political influence leading to income inequality. Hence, option D is correct.
Factors contributing to income inequality are closely linked to economic, social and political reasons. People are paid different wages for different jobs which creates an income gap. Individuals with different levels of education, often earn different wages, whose social condition while growing up may vary. Whereas, an unstable political climate creates a disproportionate political influence leading to income inequality. Hence, option D is correct.
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