Reasons for greater income inequality in less-developed countries than in developedeconomies are all the following except

Question

Quizplus · Accepted Answer

The primary reasons for greater income inequality in less-developed countries include low marginal revenue product of labor, low levels of education, and economies in early stages of industrialization. Societal preference for income inequality is not a commonly cited reason for the disparity; instead, structural and systemic factors are typically blamed.

Reasons for Greater Income Inequality in Less-Developed Countries Than in Developedeconomies