REDUCTION OF INEQUALITY AND POVERTY

  • Democracies are based on political equality . All individuals have equal in electing representative.

  • Parallel to the process of bringing individuals into the political arena on an equal footing, we find growing economic inequalities.

  • A small number of ultra-rich enjoy a highly disproportionate share of wealth and incomes.

  • Their share in the total income of the country has been increasing.

  • Those at the bottom of the society have very little to depend upon. Their incomes have been declining.

  • In actual life, democracies do not appear to be very successful in reducing economic inequalities.
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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.