Are rapid economic growth (as measured by ei- ther GNI or per
capita GNI) and a...
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Economics
Are rapid economic growth (as measured by ei- ther GNI or percapita GNI) and a more equal dis- tribution of personal incomenecessarily conflict- ing objectives? Summarize the arguments bothfor and against the presumed conflict of objectives, and state andexplain your own view.
ı need shortly answer and basic sentences please
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Both rapid economic growth and a more equitable distribution of income are not conflicting but complementary objectives Some points in favor of this statement include If there will be equitable distribution of income there will be more savings in the economy that would help in investments in the economy Due to equal distribution of income more people or households will have
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