The income distribution in less-developed nations tends to be
A)more uneven than in developed economies
B)less uneven than in developed economies
C)similar to that in developed economies
D)impossible to calculate
E)not comparable because tax structures differ among countries

Question

Quizplus · Accepted Answer

Less-developed nations often have a high level of income inequality due to factors such as limited access to education and healthcare, weak social safety nets, and uneven economic development. This results in a smaller share of the population having a significant portion of the wealth while many others struggle to meet basic needs. Developed economies tend to have more policies and systems in place to mitigate income inequality.

The Income Distribution in Less-Developed Nations Tends to Be