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Redistribution of Income - Essay Example

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Redistribution of income is defined as the distribution of income equally to every individual who is a part of the society irrespective of the standard of living of that individual. The main aim of the redistribution of the income is to the balance the economic stability of the society by spreading the resources equally to every section, to the poor and the unemployed. The redistribution in the current scenario was not effectively carried as the distribution channel (the government agencies) which was meant to supply the necessary funds to the individuals in need was not effective. There is a huge difference between the amount allocated and the amount actually spent when it is under implementation. The academic researchers and critics are more concerned on the highlighting the various developments aspects, they have not answered to the fact whether they have been implemented properly. According to Dwight R. Lee the fruitfulness of the system of distribution system has to be studied in order to the effectiveness of the program. The dollars are collected from the low or average income groups and the redistribution of the funds collected does not reach the people in need, the income is stranded in the hands of an influential group which has a political mark for its backing. The allocation of the funds even is done for the political benefit rather than looking into the actual need to which the income has to allocate.

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The main aim of the redistribution of the income is to the balance the economic stability of the society by spreading the resources equally to every section, to the poor and the unemployed. …
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