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Economics A Level (DONEEEEEEE)

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Question:

What will affect the Distribution of Wealth, and why is it more Unevenly Distributed?

Author: eric_galvao



Answer:

-Wealth will earn Income. For Example, Shares can Increase in Value and Make more Income. Those who get their Income from their Wealth can Invest the Income again (more shares) which generates more Income, and then they Reinvest. The Wealthy get Wealthier... -Assets Increase in Value much more Quickly than Income -In the UK, Income is Taxed but Wealth Isn't. Brilliant


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