Community is the distribution of income more unequal
Community is the distribution of income more unequal/Business Economics
Consider two communities. In one community, ten families have incomes of $100,000 each and ten families have incomes of $20,000 each. In the other community, ten families have incomes of $200,000 each ten families have incomes of $22,000 each.
- In which community is the distribution of income more unequal? In which community is the problem of poverty likely to be worse?
- Which distribution of income would Rawls prefer? Explain.
- Which distribution of income do you prefer? Explain.
- Why might someone have the opposite preference?
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