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The Redistribution of Private Income and Wealth Within Poor Nations

Question 122

True/False

The redistribution of private income and wealth within poor nations is sufficient to eliminate global poverty.
Countries like Tanzania,Nigeria,Haiti,Zambia,and Madagascar also have such low average incomes that outright redistribution doesn't hold great hope for income gains by the poor.Tanzania's poorest households would be better off,but the gains wouldn't be spectacular: the average income in Tanzania is less than $1,200 a year.

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