What are some reasons for the differences in the distribution of income in Australia and in South

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What are some reasons for the differences in the distribution of income in Australia and in South Africa?

The table shows shares of income in Australia. image text in transcribed

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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Question Posted: Jan 27, 2024 10:02 PM

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What are some reasons for the differences in the distribution of income in Australia and in South

Question:

Households (quintile) Lowest Second Third Fourth Highest Income share (percentage of total) 7 13 18 24 38

Step by Step Answer:

The differences in income distribution between countries like Australia and South Africa can be attributed to a range of historical economic social and political factors Some of the reasons for these ...View the full answer

Economics

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