Inequality of wealth is a pressing issue right now, both in the US and abroad.
Political scientists should participate in the discussion about wealth inequality, which is a hot topic right now. There is scant proof that democracy and wealth disparity are always related. Although democracy offers numerous benefits, nations do not always move toward greater economic equality as a result.
This isn't because public policy doesn't matter; rather, it's because democracies don't always enact measures that equalize wealth. It is less likely that societies where there are cleavages other than money will embrace wealth-equalizing policies. The impact of democratic politics on wealth is also substantially influenced by voters' perceptions of justice.
Because wealth is not only unequal but also due to this position arose for what voters believe to be unfair causes, voters are most inclined to back redistribution or programs that promote equal chances. Finally, it's also conceivable that wealthy individuals could seize control of democratic politics. Examining when, why, and why this problem of capturing is much more acute in practice is an essential area for future research.
Learn more about inequality here:
brainly.com/question/24143597
#SPJ4
Answer:
2.34
Explanation:
the economy was initially struggling with a 2.34 annual rate of increase in the price level.
Answer:
21.2%
Explanation:
CAPM = risk free rate +( beta x expected market return)
5.6% + (1.25 x 12.5%) = 21.2%
Purpose was to lower trade barriers, such as high tariffs on
imported goods and restrictions on the number of imported items that inhibited
the free flow of goods across borders. Refers to manufacturers'
of goods and services from around the globe to take advantage of national
differences in the cost and quality of various factors of production (land,
labor, energy, capital) is called Globalization of production (off-shoring).
