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This is a very difficult question to ask, considering many developed countries also suffer from an increasing income gap. However, studies from think tanks suggest that some ways of decreasing inequality would be as follows:
- Reduce tax deductions to the rich and big companies, while increasing their taxes to reasonable levels
- Raise social assistance in troubled areas; especially those with greater social disparities
- Increase education levels
- Create jobs by investing in infrastructure
- Help low-income people access permanent employment and better training opportunities
- Ensure that everybody has access to basic health and nutrition
- Update labor standards
- Increase affordable housing
- Create an unemployment insurance
Wiki User
∙ 6y ago
Wiki User
∙ 6y agoThis is a very difficult question to ask, considering many developed countries also suffer from an increasing income gap. However, studies from think tanks suggest that some ways of decreasing inequality would be as follows:
- Reduce tax deductions to the rich and big companies, while increasing their taxes to reasonable levels
- Raise social assistance in troubled areas; especially those with greater social disparities
- Increase education levels
- Create jobs by investing in infrastructure
- Help low-income people access permanent employment and better training opportunities
- Ensure that everybody has access to basic health and nutrition
- Update labor standards
- Increase affordable housing
- Create an unemployment insurance
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The story of woman wang's life reveals that world trade?
narrowed the gap
What is the definition of income gap?
The income gap is the gap between the rich and the poor. We call that gap the middle class.
What is a social problem affecting China today?
income gap
What is a gap or shortfall between income and outgo or spending called?
a profit
Do all countries of Latin America have a similar income gap Explain.?
No, all countries in Latin America do not have a similar income gap. There is significant variation in income inequality among countries in the region, with some experiencing higher levels of inequality than others. Factors such as historical context, economic policies, social programs, and natural resource distribution all contribute to the income gap within each country.
What is the concern related to the income gap in many southeast Asian countries?
The Middle class will decline.
Brazil is the South American country that exhibits the widest income gap?
True. It is ever increasing.
What is the spark plug gap on a 1997 Honda Civic Lx?
I believe the gap is 0.044
What is an opportunity gap?
An opportunity gap is the difference between groups of people in their access to things like education, healthcare, employment, etc. So, for instance, if you look at low-income and high-income communities and their access to quality education, you will find an opportunity gap. Poor children don't have access to the same quality educational opportunities as their richer peers.
What are two factors that explain the origin of the income gap among US citizens?
Inheritances and differences in skills.
What was the cause of the income gap between industrializing and non-industrializing regions?
Yuhhh Havee Ap Huhh ?
How did industry affect the distribution of wealth in the US?
The income gap between rich and poor grew smaller.
