Then poverty will fall and inequality will rise.
<h3>
What is poverty?</h3>
- Being in a state of poverty means having few material possessions or little money.
- Numerous social, economic, and political factors can contribute to or be a result of poverty.
- There are two primary metrics of poverty used in statistics and economics: Relative poverty is the inability of a person to maintain a minimal standard of living in comparison to others in the same period and place.
- Absolute poverty is the comparison of income to the amount required to meet fundamental personal necessities, such as food, clothing, and shelter.
- Depending on the community or the country, many terms are used to define relative poverty.
<h3>
What is income inequality?</h3>
- The disparity in how income is allocated among people or populations is known as income inequality.
- It is also known as the wealth gap, wealth disparity, wealth and income discrepancies, or the gap between the rich and the poor.
- Therefore, the poverty will fall and inequality will rise.
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the responsibilities of a manager in an investment center compare to the responsibilities of managers in a cost or profit center-----Investment center managers have more authority and responsibility than managers of a cost or profit center
What is the difference between a profit center and an investment center?
Profit center is a division or a branch of a company that is considered to be a standalone entity that is responsible for making revenue and cost related decisions. Investment center is a profit center that is responsible for making investment decisions in addition to revenue and cost related decisions
What are investment center managers responsible for?
An investment center segment of an organization responsible for costs, revenues, and investments in assets. is an organizational segment that is responsible for costs, revenues, and investments in assets. Investment center managers have control over asset investment decisions.
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