Final answer:
In a society with equal income regardless of occupation, it could be difficult to motivate people to perform important social tasks. The lack of financial incentives may lead to limited economic growth and innovation. Additionally, this society may face challenges in meeting the diverse needs and wants of its citizens.
Step-by-step explanation:
In a society where everyone has about the same income regardless of occupation, it could be difficult to persuade enough people to perform important or expected social tasks. This is because people's motivations to work vary and are often driven by financial incentives. If everyone receives the same income, there may be a lack of motivation to take on certain roles or responsibilities.
Additionally, this society would likely have limited economic growth and innovation. Incentives, such as higher income rewards, often drive individuals to work harder and come up with innovative ideas. Without these incentives, there may be a lack of progress and development in various fields.
This society would also have reduced income inequality, but it may face challenges in providing enough resources to support the needs and wants of its citizens. Since people have diverse preferences and desires, an equal distribution of resources may not satisfy everyone's needs.