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A recent economic survey showed a very big gap between the rich and the poor in Kenya Explain any five factors that could have led to this disparity in income distribution among individuals in Kenya
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Aug 12, 2021
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Business Studies Form 3
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anony mous
A recent economic survey showed a very big gap between the rich and the poor in Kenya Explain any five factors that could have led to this disparity in income distribution among individuals in Kenya
national income
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Aug 12, 2021
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anony mous
Differences in talents – those endowed with some talents e.g atheletes, professional footballers, artistes, tend to earn higher income
Corruption has led to a few individuals being rich at the expense of others
Differences in access to quality education
inheritance
skewed economic policies that perpetuate the rich getting richer and the poor getting poorer.
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