The benefits of economic growth are notshared equally and can result in an unequal distribution of income – and this can have some disadvantages for the economy.
- How unequal is the distribution of income in Australia? Has the distribution of income become more or less equal over the past 10 years? Give evidence to support your answer.
- What are the causes of income inequality?
- What actions does the government take to make income distribution more equal in Australia? Why does the government do this?
- Do you think income inequality is good or bad for the economy? Give reasons to support your answer. (This must be answered as part of your presentation – in your individual assignment you should write 250-500 words on this issue)