Question

In: Economics

Consider equality as a potential goal for society. Discuss how this could be obtained through Government...

  1. Consider equality as a potential goal for society. Discuss how this could be obtained through Government action. Does the action depend on the intent to reduce poverty or increase equality? Suppose equality increasing efforts were put to a majority-rule vote by the population, “yes” meaning more equality efforts. Why might we see the vote have a different yes percent vote than the percent of the population who would prefer more transfers? Is there evidence to support that this could/does happen?

Solutions

Expert Solution

Equality in the society is treated as a potential goal and it is only possible with the help of government efforts and actions because equality is something which is very important for the society and because of equality the overall progress and prosperity of the nation is possible.
Government takes various systems to consider a property establishment of equality in the society by applying various plans and policies in a systematic manner.
The government uses the tax structure as a strong source to maintain equality in society by charging a high tax rate from rich and low tax rate from the poor.
The government also uses the expenditure to increase the position of who was in society and it is very important for the eradication of poverty from the society.
In this situation there is a case where increasing efforts were put to a majority rule would by the population so in this point of view there is a major portion in the society who is in a favour of the quality measures taken by the government but not on the cost of the decrease in investment all the productivity of the industrial sector, therefore, it is important from the government point of view that the percentage part must be in a favour of poor but it reflects the benefits on overall development and position of the citizens.


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