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prisoha [69]
3 years ago
11

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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Select all that apply
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Which of the following assumptions is embodied in the AFN equation?
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d. Accounts payable and accruals are tied directly to sales.

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The cost method that will yield an ending inventory value that is somewhere between possible high and low costs (prices) using t
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