Redistribution of income and wealth

redistribution-of-income-and-wealth-1752889235244-397aeb

Description

Redistribution of income and wealth is the transfer of income and wealth from some individuals to others through a social mechanism such as taxation, welfare, public services, land reform, monetary policies, confiscation, divorce or tort law. The term typically refers to redistribution on an economy-wide basis rather than between selected individuals.

ID: redistribution-of-income-and-wealth-1752889235244-397aeb

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