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What are the main reasons economists give for the increase in inequality of incomes?
The economists give few reasons for increase in income inequality like the earnings of high skilled labor has increased multifold in comparison to that of low skilled or unskilled labor. It is so because the technological upgradation now needs more skill and supply of skilled labor is comparatively less. The two-eamer couples have increased and so does the number of single mothers which also lead to increase in income inequality.
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Chapter 14
Poverty and Economic Inequality
Markets and Welfare
The Economics of Labor Markets
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what are the main reasons I promised skip for the increase in equality for incomes. So the two most Akama explanations Saturday by economists are changes in the structure of households, which have led to more two earner couples in single parent families and also the effect off new information and communications technology on wages.
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