Question

Write an report on the topic: "Methods for overcoming inequalities"

Answer 1

The economic inequality means that the unequal distribution of income and economic opportunities between different groups of people in society. In every country in the world people facing economic inequality or people are living different economic ladder. The poverty in many areas depends upon their living condition. The poverty depends upon areas the poor living which means that regions with significant environmental issues people live in poverty. The inequality has different types includes economic inequality, political inequality, pay inequality, wealth inequality, political inequality, etc. generally we consider there are some methods to overcome inequalities. That is,

Knowledge about money and currency system in the world. It helps people to make an accurate decision based on the politics of economic and welfare of society.

Better understandings of resource and materials available. Many of the countries in the world people do not have accurate knowledge about resources and materials available in the country. Rich countries cannot consider developing countries in the development process.

Some other process to overcome inequalities is,

Educate middle-income people

Create economic policies that would benefit low-income households to higher income households.