Income inequality may be desirable if:

Question

Quizplus · Accepted Answer

If equity is achieved only at the expense of decreased economic growth, then income inequality may be desirable because it may allow for more economic growth and development. This is because a certain level of income inequality can create the incentives necessary for entrepreneurship and innovation, which can in turn drive economic growth. However, it is important to note that excessive income inequality can have negative impacts on social and economic stability, and it is a delicate balance that needs to be carefully managed.

Income Inequality May Be Desirable If