The major determinant of a countrys income distribution is its distribution of productive and income-earning assets. Explain
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“The major determinant of a country’s income distribution is its distribution of productive and income-earning assets.” Explain the meaning of this statement, giving examples of different kinds of productive and income-earning assets.
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This statement is suggesting that the way income is distributed in a country is primarily determined by who owns and controls various productive and i...View the full answer
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