ICSE Class 9 Answered

What are the measures to secure equal distribution of income and wealth?

Asked by Topperlearning User | 05 Jun, 2015, 09:02: AM

Expert Answer

The measures to secure equal distribution of income and wealth are:

Progressive taxation of direct taxes enables the government to bring equality in the distribution of income and wealth.
Government expenditure on welfare projects for the poor.
A state can adopt nationalisation of industries to check concentration of economic power vested with a few people.

Answered by | 05 Jun, 2015, 11:02: AM