No, this is because if this were so there would be no development as everyone would be content with their state. Competition is healthy and it aids in development. with
One of the sources of depression is a feeling of inequality when compared to other people. People would most likely be content in a society where there is complete economic equality.
Equality? Socialism? Communism? Egalitarianism: a belief in human equality especially with respect to social, political, and economic affairs
yes. Equality is only possible when everybody is equally poor. As long as you reward people for their effort, some will choose to put in less effort than others, and earn less as the result.
Communist
seruppu
Not everyone agrees about which economic system best promotes economic equality. Those who advocate for socialism often argue that it's the fairest economic system.
Economic equality exists when there is a reduced gap between the rich and the poor, in terms of income and wealth.
it is ..................................................
Egalitarianism
equality
economic equality
Lame