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Evaluate South Africa’s approach to redistribution of wealth and income. (8) |
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Answer» ong>Answer: Redistribution of INCOME and WEALTH is the transfer of income and wealth (including PHYSICAL property) from some individuals to others by means of a social mechanism such as taxation, charity, WELFARE, public services, LAND reform, monetary policies, confiscation, divorce or tort law.[2] The term typically refers to redistribution on an economy-wide basis rather than between selected individuals. |
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