Question

1. What can we do so that most people are not just a few benefit from...

1. What can we do so that most people are not just a few benefit from the wealth generated by economic growth?
2. How to redesign policies to boost growth and inclusiveness and to ensure both fairness and efficiency?

Homework Answers

Answer #1

In order to ensure that most people get just a few benefits from the wealth genrated by economic growth :

  • Equal distribution of wealth : Wealth should be distributed equally to all the sections of the society, so that everybody would be benefitted.
  • Infrastructure development : Infrastructure like roads, bridges stations and airports should be developed so that the quality of life should be improved.
  • Public welfare by social amenities : Social amenities like schools, hospitals should be developed so as to provide quality education and medical facilities to the underpriviliged people.
  • Reducing income inequality : Income inequality should be redcued by offering larger portion of facilities to the underpriviliged people compared to wealthy people so that the income inequality should be reduced.
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