Difference between revisions of "Redistribution"

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(Created page with "Redistribution is taking income from those with higher incomes and providing income to those with lower incomes. ==Definition== According to Principles of Economics by...")
 
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Latest revision as of 19:28, 2 June 2020

Redistribution is taking income from those with higher incomes and providing income to those with lower incomes.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Redistribution. Taking income from those with higher incomes and providing income to those with lower incomes.