ICSE Class 10 Answered
What are the measures to secure equal distribution of income and
wealth?
Asked by Topperlearning User | 27 Apr, 2015, 01:40: PM
Expert Answer
The measures to secure equal distribution of income and wealth are:
- Progressive taxation of direct taxes ensures equality in the distribution of income and wealth.
- Government expenditure on welfare projects for the poor.
- Levying high taxes on goods mostly purchased by the rich income groups and providing subsidies on the goods purchased by the poor income groups.
Answered by | 27 Apr, 2015, 03:40: PM