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Divide in life chances between rich and poor

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Reference no: EM132548853

a) Why do you think COVID-19 is increasing the divide in life chances between rich and poor?

b) State two reasons how inequality can be bad for an economy.

c) COVID-19 pandemic may make the poor fall into absolute poverty and the middle class to fall in relative poverty. Explain absolute and relative poverty, and state a reason as to how both can occur.

d) Why would education attainment become unequal during the COVID-19 pandemic?

Reference no: EM132548853

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