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Alla [95]
3 years ago
8

HELP ME PLEASE ASAP!!

History
1 answer:
dangina [55]3 years ago
4 0

Answer:

The need to reform policies and income distribution system has become inevitable.

Explanation:

Gilded age which occurred between 1870s to around 1900 was one the most prosperous period of the US history. It was period of rapid industrial and economic growth all over the country. However, there arose a great unrest during this period. The rich industrial owners and corrupt politicians accumulated great wealth by exploiting the common working class people.

Similarly, there are cases of such practices still prevailing today. With the onset of the pandemic, many workers and small businesses went bankrupt. However, rich business owners were the less affected ones. This is mainly due to income disparity. The working class people were earning just enough to make end's meet while the big business owners were accumulating huge profits throughout the years.

In other words, rich business owners were saving enough money to last a lifetime while the workers were paid just a little to sustain for a month. The income disparity among the rich and the poor have been clearly distinguished because of this pandemic.

The need to reform policies and income distribution system has become inevitable or else the rich will start getting richer while the poor will always remain poor.

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Which best describes what injector factors bring to an economic system?
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Answering the question, money is the best injector factor to bring to an economic system.

Injection occurs when money is injected into the economy from sources such as investment, exports and government spending.

Money injected into the Economy through these sources helps the businesses to produce more goods and the consumers to buy more goods and services which also have a positive effect on the circular flow of economic activities.

<h2>Further Explanation</h2>

Money is injected into the economy through the funding of several programs by the government, such as farm subsidies and social security payments. Money is also injected into the economy from the exports of goods and services.

Companies that spend money to buy capital goods are also another source through which money is injected into the economy.

The flows of money or how money is injected into the economy is what circular flow model demonstrates. The circular flow model indicates that money flows from the producers to the workers as salaries and also flows back to the producer in return for products.

However, government taxes, imports, and savings are regarded as leakages because savings are given out as loans, imports take money out of the economy as well as government taxes.

Therefore, money is the best injector factor to bring to an economic system.

LEARN MORE:

  • Which best describes what injector factors bring to an economic system?  brainly.com/question/6680071
  • The foreign sector purchases exports, which are considered brainly.com/question/12688508

KEYWORDS:

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