income redistribution
Income redistribution refers to the government's deliberate efforts to transfer wealth or resources from higher-income individuals or households to those with lower incomes in order to reduce disparities and promote economic equality.
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Related Concepts (18)
- demand-side economics
- economic justice
- egalitarianism
- equality of opportunity
- fiscal policy
- poverty alleviation
- progressive social policies
- progressive tax system
- progressive taxation
- redistributive policies
- social safety nets
- social welfare programs
- socioeconomic mobility
- transfer payments
- universal basic income
- wealth inequality
- wealth redistribution
- welfare state
Similar Concepts
- asset redistribution
- income disparity
- income distribution
- income equality
- income inequality
- income support
- redistribution
- redistribution of resources
- redistribution of wealth
- redistributive economic policies
- social equity and redistribution
- wealth distribution
- wealth redistribution policies
- wealth redistribution programs
- wealth transfer