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People with different levels of wealth in the United States have different levels of ability to influence the political system and different levels of ability to increase their own economic stature. As a result, without a counterbalance, the wealthier individuals will have an unequal ability to influence policy and to draw wealth out from the poorer population.

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How do government policies affect income?

Government policies and programs, such as benefit programs and the progressive income tax, reduce income inequality.


What remnant of European influence is blamed for helping to cause mass poverty and social inequality throughout Middle and South America?

systems of landholding


What are the economic factors of persistent poverty in Tanzania?

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How does inequality affect on a business?

Inequality can negatively impact a business by limiting the talent pool and reducing consumer purchasing power, which can hinder growth and profitability. When income and access to resources are unevenly distributed, businesses may face challenges in recruiting diverse talent and connecting with a broader customer base. Additionally, high levels of inequality can lead to social unrest and instability, creating an unpredictable environment for operations and investment. Addressing inequality may enhance a company's reputation and foster a more sustainable economic ecosystem.


What affect has a NAFTA had on Latin America?

NAFTA, implemented in 1994, significantly impacted Latin America by increasing trade flows, particularly between the U.S., Canada, and Mexico, which led to economic growth in the region. However, it also resulted in job losses in certain sectors, particularly agriculture, as cheaper imports flooded local markets. Additionally, while it stimulated foreign investment, the benefits were uneven, often exacerbating income inequality. Overall, NAFTA reshaped economic dynamics in Latin America, with both positive and negative consequences.

Related Questions

What are some obstacles to democracy in Latin America?

Some obstacles to democracy in Latin America include corruption, weak institutions, political polarization, and socioeconomic inequality. These factors can hinder the functioning of democratic processes and institutions, leading to challenges in promoting transparency, citizen participation, and the rule of law.


When was Democracy in America created?

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When was Social Democracy of America created?

Democracy for America was created in 2004.


How did persistent inequality contribute to the failure of democracy in the young Latin America?

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What are the factors that affect democracy in a country?

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What cultural movement influenced the development of democracy in America?

what cultural movement influenced the development of democracy in America?


What kind of government did the colony of Pennsylvania have?

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What states in South America are democracy?

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Where is democracy?

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How is America form of democracy different from the athenian form of democracy?

representation


What kind of democracy do you have in America?

In the United States of America there is Presidential form of Federal democracy. It is a coming together federation of states