What can a more equal distribution of income promote?
Answer and explanation
Correct answer: Broad public welfare
The governing concept is that welfare depends not only on total national income but also on how income is distributed. A more equal distribution allows a larger share of the population to obtain food, education, healthcare and other necessities. Thus it can promote broad public welfare, making option A correct. The other options describe narrow or unrelated outcomes and do not express the general welfare effect of equality.
Frequently asked questions
What is the correct answer to this question?
Broad public welfare
Why is this the correct answer?
The governing concept is that welfare depends not only on total national income but also on how income is distributed. A more equal distribution allows a larger share of the population to obtain food, education, healthcare and other necessities. Thus it can promote broad public welfare, making option A correct. The other options describe narrow or unrelated outcomes and do not express the general welfare effect of equality.
Which subject and chapter does this question cover?
This is a Class 11 Economics question. Chapter: National Income and Related Aggregates. Topic: GDP and Welfare.
