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What is Income Inequality in the Philippines about?

The document summarizes the adverse impacts of maldistribution and income inequality in the Philippines. It states that inequality of outcomes is rooted in unequal economic opportunities due to differences in education quality, lack of decent jobs, and an uneven economic environment that favors larger firms. This type of inequality can lead to a more volatile and less efficient economic system by concentrating economic opportunities in the hands of a few, characterizing an uneven playing field in the Philip

Author

JuZxtin YeAhxz

Language

EN