mpact upon inequality: Automation (technological change), both in the short run and over time. South Africa's child support grants ii. Centralised wage bargaining at the level of the industrial sector (e.g. clothing, machinery) 2) Develop the model used to explain society's choice of inequality (section 19.4 of the text), and use it to discuss: Why some countries have persistently high inequality, and others have persistently low inequality i. How rising risk aversion preferences in a society may impact upon nequality outcomes. Can you illustrate these changes on inequality and the Gini using Lorenz curves ?} 3) Some general questions on South African inequality (please refer to lecture notes plus prescribed additional readings) Why is inequality so high in South Africa? What explains the persistence in South Africa's inequality. How progressive is South Africa's fiscal policy