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Part1: As stated in your textbook, the market system is permissive of a high degree of inequality. Inequality in income/wealth and poverty cannot be explained
Part1: As stated in your textbook, the market system is permissive of a high degree of inequality. Inequality in income/wealth and poverty cannot be explained merely by the fact that markets reward individuals based on the contribution they make or the resources they own in producing output for the economy. Use the demand and supply model along with at least one additional economic concept to examine a scene or issue from film that delves into the issue of poverty and inequality. You should define the terms in your own words, and you can use the data and information from both the film and the textbook. Part II: Policy Solution to Social Problems Relating to Inequality and Poverty Propose a policy solution to inequality and poverty. You should find your solution in the textbook and elaborate on why it works in another context
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