Fair distribution of income

Question 1

Different types of income

Answer 1

Wages
Rent
Interest
Profit
State benefits

Question 2

Why is income unevenly distributed

Answer 2

Income-earning asset are distributed unevenly
Difference in wages
Reliance on benefits
Age
Gender

Question 3

Why is wealth unevenly distributed

Answer 3

Inheritance-born with golden spoon
Savings
Purchase of property
Enterprise

Question 4

consequences of differences in income and wealth for an economy

Answer 4

Poverty and deprivation
Poor housing
Poor health
Inequality of opportunity