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History, 31.03.2020 23:26 nathanwhite2000

Why was uneven distribution of income bad for the economy

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Answer from: claaay1

Increases in the level of income inequality have a negative long-run effect on the level of GDP per capita. ... The estimates from the interaction model thus suggest that in poor countries, increases in income inequality raise GDP per capita while the opposite is the case in high- and middle-income countries.

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Answer from: Quest

in contrast, the biological controls are self-sustaining, inexpensive and very effective once established. biological control could be used on thousands of golf course acres, improving their biodiversity and quality as wildlife habitat. in the process, the golf industry will be shown to be leaders in an environmental stewardship program of benefit not only to the lands they manage but also to the watersheds in which they exist.

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Answer from: Quest

they remained in rural areas and worked at jobs such as lumbering or farming.

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