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A regressive tax will tend to redistribute income more?
equally
Which economic system says government should control all land and wealth?
in a Communist or command economy the government decides where people live what jobs they will preform and their income. thy also control all land and wealth.
What best describes marx's theory of communis?
The best way to describe Karl Marx's theory of communism is that he aimed to redistribute wealth.
How do capital and human capital increases the GDP wealth and income of nations?
how do capital and human capital increase the gdp wealth and income of nations
How a government might use taxation to affect the distribution of income?
A government redistributes income by taking from one group of people and giving to another group. The most obvious is collecting taxes on business payrolls and giving benefits to the unemployed.
What is a sentence using the word redistribute?
Robin Hood stole from the rich to redistribute money to the poor.If I redistribute my homework, I can focus on reading the lessons.The teacher had to redistribute a new test after he found out a student cheated.
Which of these government programs is designed to redistribute income?
Social Security
Which economic function does the government use a process such as income redistribution to assist poor or handicapped?
The government uses welfare programs and tax structures to redistribute wealth to assist the poor and handicapped. The government also invests money to subsidize education and amenities for the poor.
What does it mean to redistribute the wealth?
Redistributing wealth involves transferring money or resources from those with more to those with less, aiming to reduce economic inequality. This can be done through policies like progressive taxation, social welfare programs, and wealth inheritance taxes. The goal is to create a more equal distribution of wealth in society.
Description of the equity function of government?
The equity function of government is concerned with the ability of all people to have their basic fundamental needs fulfilled. Programs to aid the poor and redistribute some of the wealth are the goals of a government that favors equity.
One main purpose of the Townsend Plan was to?
Redistribute wealth.
What Roosevelt's acts made an attempt to redistribute wealth?
It was the Revenue Act
Did the articles of confederation provide for the centerl government the power to tax the states?
*develop or protect certain industries *redistribute income * influence personal spending
A regressive tax will tend to redistribute income more?
equally
What is an explanation of the purpose of taxation?
The primary purpose of taxation is to raise money for the government. Some taxes also discourage certain behaviors such as smoking and drinking ( the so-called sin taxes ) and redistribute wealth, taxes such as the graduated income tax and inheritance tax. Protective tariffs protect domestic industries from foreign competition.
Which economic system says government should control all land and wealth?
in a Communist or command economy the government decides where people live what jobs they will preform and their income. thy also control all land and wealth.
Why did the government attempt to redistribute land to freedmen fail?
Go to cha cha :)
