Which of the following factors influence the level of inequality in a society?

Question

Quizplus · Accepted Answer

Both the economic system and government intervention have a significant impact on the level of inequality in a society. The economic system determines how wealth is distributed and who benefits from economic growth. Meanwhile, government policies and interventions, such as progressive taxation and social welfare programs, can help to redistribute wealth and reduce inequality. Other factors, such as population's human capital and the density of social networks, may also play a role, but they are not as central as the economic system and government intervention.

Which of the Following Factors Influence the Level of Inequality