Question

In circumstances dealing with poverty, the term ______ means taking income from those with higher incomes and providing income to those with lower incomes.

Answer 1

Answer:

Redistribution or income redistribution

Explanation:

Income redistribution or redistribution is a economy practice aimed to balance the distribution of income in  a society though strategies or mechanisms which allow transferring of incomes from high-income earners to those with lower incomes.

As was mentioned before, there are some strategies such as progressive taxation to make the income redistribution, which consists of people with higher incomes pay higher taxes and low income earners pay a lower tax rate.

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