Income redistribution in a mixed economy
A)is supported by all individuals.
B)rarely occurs.
C)is only accomplished through government intervention.
D)risks reducing individual incentives to work and produce.
E)is not allowed.

Question

Quizplus · Accepted Answer

Income redistribution in a mixed economy may be accomplished through government intervention, but it risks reducing individual incentives to work and produce. This can occur if individuals perceive that their hard work and effort will not result in significantly higher rewards due to high taxes and income redistribution policies.

Income Redistribution in a Mixed Economy