Which of these actions can businesses take to reduce income inequality?

Question

Quizplus · Accepted Answer

The best choice is to commit to paying a living wage to all employees. This will help reduce income inequality by ensuring that all employees are earning a wage that allows them to meet their basic needs, and not just the minimum wage. Adjusting minimum wage laws could also help, but it may not be enough to address the root causes of income inequality. Implementing new tax policies that benefit employees may help reduce income inequality, but this is not directly within the control of businesses. Providing very high executive compensation can actually exacerbate income inequality rather than reduce it.

Which of These Actions Can Businesses Take to Reduce Income