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प्रश्न
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
उत्तर
- Income inequality is very harmful to the society as a whole. The state can reduce income inequality through the system of progressive taxation, nationalisation of private industries and also by providing free education and medical facilities to the poor.
- By setting up public sector enterprises, the government can generate lots of new jobs for the unemployed.
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संबंधित प्रश्न
The government imposes tax ______.
Which of the following is an advantage of direct taxes?
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
Define Direct tax
'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.
What is meant by regressive taxation?
Define a tax.
State the four merits of a direct tax.
Explain the state's role in achieving the objective of social justice in less developed countries.
Explain how indirect taxes can be made progressive.
