Question

Some part of income inequality is likely to be the result of discrimination. But other factors responsible for inequality include?

1) Education level
2) Occupation
3) Wealth distribution
4) Government policies

Answer 1

Income inequality is caused by various factors, including education level, occupation, wealth distribution, and government policies.

Step-by-step explanation:

Income inequality is caused by various factors, including discrimination, education level, occupation, wealth distribution, and government policies.

Education level: Higher education levels often lead to higher-paying jobs, which can contribute to income inequality.

Occupation: Certain occupations, such as doctors or CEOs, tend to have higher salaries compared to others, contributing to income inequality.

Wealth distribution: Unequal distribution of wealth among individuals and households can contribute to income inequality.

Government policies: Policies regarding taxes, welfare, and social programs can either reduce or exacerbate income inequality.