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Specifically, if you mean wealth distribution in a certain region or country - the government of that country is the one responsible for managing and distributing the wealth of the country to its people to job creations, housing and other infrastructure and road development, education development programs, and a lot more.

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13y ago

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What is shareholders wealth?

Shareholder wealth is the difference between what they paid for the shares and the cost of the shares now. CEOs are responsible for building shareholder wealth.


Am I in the top 1 percent of wealth?

To determine if you are in the top 1 percent of wealth, you would need to compare your wealth to the global or national wealth distribution. If your wealth is higher than 99 of the population, then you would be considered in the top 1 percent.


What are the responsibilities of wealth managers?

Wealth managers are responsible for providing advice to their clients. They provide information about portfolios strategies for individuals who want to ensure they maximize their wealth.


What is the measure of how levels of financial resources differ among people in a society?

distribution of wealth


What are the consequences of unequal distribution in wealth?

Unequal distribution of wealth can lead to significant social and economic consequences, including increased poverty rates and reduced access to essential services like education and healthcare for lower-income populations. This disparity can foster social unrest and diminish social cohesion, as marginalized groups may feel disconnected from the benefits of economic growth. Additionally, it can hinder overall economic growth, as wealth concentration limits consumer spending and innovation, creating a cycle of inequality that is difficult to break. Ultimately, such inequality can undermine democratic processes and lead to political instability.