What are some effective strategies countries can use to reduce income inequality?
Countries can implement progressive taxation, improve access to education, and increase minimum wage to reduce income inequality.
How does education play a role in this?
Education provides individuals with skills and knowledge, leading to better job opportunities and higher income potential.
Are there any successful examples of countries that have reduced income inequality?
Yes, countries like Sweden and Denmark have successfully reduced income inequality through strong social welfare systems and progressive policies.
What challenges do countries face in trying to reduce income inequality?
Challenges include political resistance, economic constraints, and the complexity of implementing effective policies.
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