Question

Which of the following are important considerations regarding vertical inequality?

1. Its role in creating a just society.
2. Its impact on poverty levels.
3. Its effect on economic growth.
4. Its association with crime rates.

• A. i only
• B. iii only
• C. iv only
• D. All of these

Answer 1

Answer:

D. All of these

• The millennium development goals (MDGs) are concerned with the number of individuals liv ing in poverty in the world as a whole.

• Thirdly, there is evidence that a more equal economy grows faster.

• Hence, reduction of vertical inequality becomes an economic objective.

• Fourthly, higher inequality is generally associated with higher rates of criminality.

• In view of these, developing policies to reduce vertical inequality are important.