Evaluate South Africa’s approach to redistribution of wealth and inc

1.	Evaluate South Africa’s approach to redistribution of wealth and income.(8)
Answer» 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.

Evaluate South Africa’s approach to redistribution of wealth and income.(8)

Answer»

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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Evaluate South Africa’s approach to redistribution of wealth and income.(8)

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