Redistribution of Income - Assignment Point
Redistribution of Income
Subject: Economics | Topics:

Redistribution of income and redistribution of wealth are respectively transfer of income and of wealth from many people to others by way of a social mechanism including taxation, monetary policies, welfare, land reform, charity, confiscation, divorce process or tort regulation. The term typically describes redistribution on a great economy-wide basis rather than between selected folks, and it typically describes redistributions from individuals who have more to individuals who have less.

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