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3 years ago

Explain what the long- and short-term consequences are of not promoting equality or working to reduce poverty.

Business

1 answer:

VARVARA [1.3K]3 years ago

3 0

Answer:

The long and short-term consequences of not promoting equality or working to reduce poverty are:

1. the poverty gap widens, causing many more of the population to become poor while a few become richer.

2. extreme poverty becomes the norm, thereby hampering societal progress.

3. discrimination and social classes become oppressive.

Explanation:

Economic equality describes a situation that ensures that every individual in a society has an equal economic opportunity to make the most of their lives and talents by having some access to resources. Equality reduces discrimination among certain groups of the population, especially those with protected characteristics such as race, disability, sex, and sexual orientation. It ensures the fair distribution of natural resources among the population, according to their individual needs and capacity. It does not mean sameness in social or economic status.

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<h3>What is a product-based business?</h3>

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Beauty products.
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2 years ago

Since world war ii, the federal government's share of total government expenditures has been between?

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2 years ago

The par value per share of common stock represents the

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Amount of dividends per share to be received each year

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3 years ago

You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 3.9 percent indefinitely

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Answer:

$48.2

Explanation:

The increase in dividend is 3.9%

= 3.9/100

= 0.039

The recently paid dividend is $3.62

The required return is 11.7%

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= 0.117

Therefore the price per share of the company stock can be calculated as follows

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= 3.62(1.039)/0.078

= 3.761/0.078

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3 years ago

Structural unemployment is caused by: Group of answer choices people losing a job when their skills become obsolete due to techn

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2 years ago