How was poor income distribution a cause of the Great Depression?
Q. I'm doing a school project and it says that poor income distribution was cause of the Great Depression. I've searched for reasoning, but I can't seem to come across any. Help me, please?
Asked by Jessie - Thu Dec 10 21:41:37 2009 - - 2 Answers - 0 Comments
A. a poor distribution means a big gap between the rich and poor. This means that the rich gets most of the money and the money doesn't flow that well in the economy because only that small percentage owns majority of the money. A lot of things lead to the Great depressions, the main one i remember from last year was the crash of the stock market. Nevermind the stock market, you want info on the poor income distribution. um... by a poor distribution there is an opportunity cost for those that want to start a business for example but are too poor. This is a loss of a business that could offer jobs to those that are unemployed.
Answered by CandyCanes - Sat Dec 12 00:04:10 2009
Q. I'm doing a school project and it says that poor income distribution was cause of the Great Depression. I've searched for reasoning, but I can't seem to come across any. Help me, please?
Asked by Jessie - Thu Dec 10 21:41:37 2009 - - 2 Answers - 0 Comments
A. a poor distribution means a big gap between the rich and poor. This means that the rich gets most of the money and the money doesn't flow that well in the economy because only that small percentage owns majority of the money. A lot of things lead to the Great depressions, the main one i remember from last year was the crash of the stock market. Nevermind the stock market, you want info on the poor income distribution. um... by a poor distribution there is an opportunity cost for those that want to start a business for example but are too poor. This is a loss of a business that could offer jobs to those that are unemployed.
Answered by CandyCanes - Sat Dec 12 00:04:10 2009
What does marginal productivity theory of income distribution say to income paid if market is competitive?
Q. If a resource market is competitive, what does the marginal productivity theory of income distribution say about the income paid to the owner of the resource?
Asked by Daniel - Wed Jul 15 15:25:40 2009 - - 1 Answers - 0 Comments
A. unit price for resource is equal to marginal productivity of the resource
Answered by Bored Goblin - Wed Jul 15 16:06:20 2009
Q. If a resource market is competitive, what does the marginal productivity theory of income distribution say about the income paid to the owner of the resource?
Asked by Daniel - Wed Jul 15 15:25:40 2009 - - 1 Answers - 0 Comments
A. unit price for resource is equal to marginal productivity of the resource
Answered by Bored Goblin - Wed Jul 15 16:06:20 2009
How do economists divide up all households to calculate income distribution?
Q. How do economists divide up all households to calculate income distribution?
Asked by rykster22 - Thu Feb 21 19:34:42 2008 - - 2 Answers - 0 Comments
A. Aside from the tax return as mentioned by the poster above, every city has it's own economy from here the city's economic activity is computed and forwarded to the proper agency. Your country's economic agency then analyzes all the data per region or state or however your country is divided or whatever data you want to learn on income distribution.
Answered by Economist (trying) - Thu Feb 21 22:11:27 2008
Q. How do economists divide up all households to calculate income distribution?
Asked by rykster22 - Thu Feb 21 19:34:42 2008 - - 2 Answers - 0 Comments
A. Aside from the tax return as mentioned by the poster above, every city has it's own economy from here the city's economic activity is computed and forwarded to the proper agency. Your country's economic agency then analyzes all the data per region or state or however your country is divided or whatever data you want to learn on income distribution.
Answered by Economist (trying) - Thu Feb 21 22:11:27 2008
Should partnership Guaranteed income be included in partnership distribution?
Q. Schedule K-1. A musician Partner receives payment for services as a musician. Using Turbo tax this amount is input on line 14 as a Guaranteed Payment. This amount is also included in the Partnership income and this is part of the amount on the line 19 as part the partnership Distribution. This appears to tax the partner twice for the same income as he must report both the Guaranteed Income and Distribution.
Asked by Kenneth B - Mon Feb 18 10:45:06 2008 - - 1 Answers - 0 Comments
A. You are doing something wrong. Guaranteed payments are deducted from partnership income on a 1065. They are then shown on the individual partner's K1 on the line for guaranteed payments. That treatment ensures that SE tax for quaranteed payments is charged only to the individual partner. You may be in over your head on this. I would recommend that you have the 1065 and your 1040 professionally prepared.
Answered by taxreff - Mon Feb 18 12:56:50 2008
Q. Schedule K-1. A musician Partner receives payment for services as a musician. Using Turbo tax this amount is input on line 14 as a Guaranteed Payment. This amount is also included in the Partnership income and this is part of the amount on the line 19 as part the partnership Distribution. This appears to tax the partner twice for the same income as he must report both the Guaranteed Income and Distribution.
Asked by Kenneth B - Mon Feb 18 10:45:06 2008 - - 1 Answers - 0 Comments
A. You are doing something wrong. Guaranteed payments are deducted from partnership income on a 1065. They are then shown on the individual partner's K1 on the line for guaranteed payments. That treatment ensures that SE tax for quaranteed payments is charged only to the individual partner. You may be in over your head on this. I would recommend that you have the 1065 and your 1040 professionally prepared.
Answered by taxreff - Mon Feb 18 12:56:50 2008
Is high income distribution better than low income distribution?
Q. Is high income distribution better than low income? for example, is 30% better than 20% or is it the other way around?
Asked by SeritaS - Thu Jan 8 06:49:20 2009 - - 1 Answers - 0 Comments
A. What do you mean by "high" and "low" income distribution? If you are referring to the equality of income distribution, more equal is better, for both the society and the economy If you are referring to something else, perhaps you should be more forthcoming on your question.
Answered by simplicitus - Sat Jan 10 00:57:15 2009
Q. Is high income distribution better than low income? for example, is 30% better than 20% or is it the other way around?
Asked by SeritaS - Thu Jan 8 06:49:20 2009 - - 1 Answers - 0 Comments
A. What do you mean by "high" and "low" income distribution? If you are referring to the equality of income distribution, more equal is better, for both the society and the economy If you are referring to something else, perhaps you should be more forthcoming on your question.
Answered by simplicitus - Sat Jan 10 00:57:15 2009
What is the difference between distribution of wealth and distribution of income?
Q. I am wanting to know how the distribution of wealth can be distinguished from the distribution of income? In addition, what is the key determining factor in these two ideas?
Asked by cwaller1983 - Wed Apr 29 02:50:02 2009 - - 2 Answers - 0 Comments
A. Wealth is the overall measure of how "rich" a person is. Income is how much a person earns. Therefore, distribution of wealth refers to the distribution that benefits everyone because it divides everything equally. Distribution of income is great too but it leaves more for some because in this type of distribution, only 1 part of wealth is divided (income). In short, Distribution of Wealth=everything Distribution of Income=part
Answered by Da Man - Wed Apr 29 03:02:39 2009
Q. I am wanting to know how the distribution of wealth can be distinguished from the distribution of income? In addition, what is the key determining factor in these two ideas?
Asked by cwaller1983 - Wed Apr 29 02:50:02 2009 - - 2 Answers - 0 Comments
A. Wealth is the overall measure of how "rich" a person is. Income is how much a person earns. Therefore, distribution of wealth refers to the distribution that benefits everyone because it divides everything equally. Distribution of income is great too but it leaves more for some because in this type of distribution, only 1 part of wealth is divided (income). In short, Distribution of Wealth=everything Distribution of Income=part
Answered by Da Man - Wed Apr 29 03:02:39 2009
What are the effects of international trade on the distribution of income.?
Q. I am having trouble answering this question. I need your help. I am trying to find what are the effects of international trade on the distribution of income.
Asked by Tundo - Thu Feb 12 09:51:26 2009 - - 1 Answers - 0 Comments
A. This is an interesting and important question. The U.S. has seen a major increase in income inequality that has paralleled the rise in international trade. This has fueled some of the criticisms of free trade and demands that it be restricted. Those opposed have felt obliged to fight back, and some have even gone so far as to claim that there hasn't been an increase in inequality at all. In classical trade theory, if country A exports products made by skilled highly-paid workers to country B while importing products made by unskilled low-paid workers from country B, then one should expect that income inequality in country A should rise. That is, the income of unskilled workers in country A should drop. Many of those who… [cont.]
Answered by simplicitus - Sun Feb 15 14:37:16 2009
Q. I am having trouble answering this question. I need your help. I am trying to find what are the effects of international trade on the distribution of income.
Asked by Tundo - Thu Feb 12 09:51:26 2009 - - 1 Answers - 0 Comments
A. This is an interesting and important question. The U.S. has seen a major increase in income inequality that has paralleled the rise in international trade. This has fueled some of the criticisms of free trade and demands that it be restricted. Those opposed have felt obliged to fight back, and some have even gone so far as to claim that there hasn't been an increase in inequality at all. In classical trade theory, if country A exports products made by skilled highly-paid workers to country B while importing products made by unskilled low-paid workers from country B, then one should expect that income inequality in country A should rise. That is, the income of unskilled workers in country A should drop. Many of those who… [cont.]
Answered by simplicitus - Sun Feb 15 14:37:16 2009
How can I determine where my income falls in the US income distribution percentiles?
Q. Wondering if their is a site with a calculator or detailed chart. I've seen general tables showing major breaks like top 50%, top 25% and such. I'd like to be more precise. Thanks.
Asked by PETER V - Mon Mar 24 22:19:23 2008 - - 1 Answers - 0 Comments
A. My best guess is to look up US Census Bureau statistics.
Answered by Steve - Mon Mar 24 22:34:39 2008
Q. Wondering if their is a site with a calculator or detailed chart. I've seen general tables showing major breaks like top 50%, top 25% and such. I'd like to be more precise. Thanks.
Asked by PETER V - Mon Mar 24 22:19:23 2008 - - 1 Answers - 0 Comments
A. My best guess is to look up US Census Bureau statistics.
Answered by Steve - Mon Mar 24 22:34:39 2008
I need to find the income distribution in the US by age, by city (or state)?
Q. I am trying to get data on income distribution within the US. I want the data broken across age, US cities and gender. I have not been able to find any helpful data on the US Censors. Can someone assist with locating this data? Thanks
Asked by Olu - Fri Nov 16 15:43:18 2007 - - 3 Answers - 0 Comments
A.
Answered by Matthew O - Fri Nov 16 15:46:34 2007
Q. I am trying to get data on income distribution within the US. I want the data broken across age, US cities and gender. I have not been able to find any helpful data on the US Censors. Can someone assist with locating this data? Thanks
Asked by Olu - Fri Nov 16 15:43:18 2007 - - 3 Answers - 0 Comments
A.
Answered by Matthew O - Fri Nov 16 15:46:34 2007
What are the causes of Unequal Income Distribution?
Q. Is it fair? What should the federal government do about it?
Asked by BloodyKittyn - Wed Sep 9 18:03:09 2009 - - 2 Answers - 0 Comments
A. Causes: education, work ethic, social skills, geographic location What should govt. do: better public education, more college accessibility
Answered by billy25685 - Wed Sep 9 18:12:38 2009
Q. Is it fair? What should the federal government do about it?
Asked by BloodyKittyn - Wed Sep 9 18:03:09 2009 - - 2 Answers - 0 Comments
A. Causes: education, work ethic, social skills, geographic location What should govt. do: better public education, more college accessibility
Answered by billy25685 - Wed Sep 9 18:12:38 2009
Why is the uneven distribution of income a market failure?
Q. How is the uneven distribution of income a failure of the market economy?
Asked by dennic09 - Wed Oct 22 10:27:38 2008 - - 3 Answers - 0 Comments
A. Uneven distribution of income is a natural result of varied work capacity and product demand. It is only a failure when the amount of the unequal distribution results in class separation and in particular the big difference between rich and poor families. It is not that the market has failed, but the way that the poor can be dominated in the opportunities to make a living that richer people have grabbed. In particular this refers to land monopoly, because the capital outlays can be borrowed "but they stopped making land a long time ago".
Answered by Macrocompassion - Wed Oct 22 10:53:19 2008
Q. How is the uneven distribution of income a failure of the market economy?
Asked by dennic09 - Wed Oct 22 10:27:38 2008 - - 3 Answers - 0 Comments
A. Uneven distribution of income is a natural result of varied work capacity and product demand. It is only a failure when the amount of the unequal distribution results in class separation and in particular the big difference between rich and poor families. It is not that the market has failed, but the way that the poor can be dominated in the opportunities to make a living that richer people have grabbed. In particular this refers to land monopoly, because the capital outlays can be borrowed "but they stopped making land a long time ago".
Answered by Macrocompassion - Wed Oct 22 10:53:19 2008
What would you say about the income distribution in developed countries?
Q. I'm doing an economics essay about developing VS countries, but my textbooks offer very little help on the subject above... Thanks!
Asked by arhanidaforcena - Wed Jan 6 05:32:04 2010 - - 2 Answers - 0 Comments
A. The most common measure of income inequality is the Lorenz curve on it's arithmetic distillation the Gini Coefficient. Those measure deviations from a 45-degree line tracing the cumulative income (horizontal scale) and cumulative population (vertical scale) of a country. Suppose a country had perfectly distributed income so that the lowest 1% of the population had 1% of the, the lowest 5% of the population had 5% of the income, half of the population had half of the income...and the "bottom" 90% of the population had 90% of the income. Then everyone would be equal. That doesn't exist. But we know that incomes are more equally distributed in countries like Sweden and Slovenia than in countries like Brazil or Egypt. Sweden's Gini… [cont.]
Answered by Eric Rasmussen - Wed Jan 6 07:20:00 2010
Q. I'm doing an economics essay about developing VS countries, but my textbooks offer very little help on the subject above... Thanks!
Asked by arhanidaforcena - Wed Jan 6 05:32:04 2010 - - 2 Answers - 0 Comments
A. The most common measure of income inequality is the Lorenz curve on it's arithmetic distillation the Gini Coefficient. Those measure deviations from a 45-degree line tracing the cumulative income (horizontal scale) and cumulative population (vertical scale) of a country. Suppose a country had perfectly distributed income so that the lowest 1% of the population had 1% of the, the lowest 5% of the population had 5% of the income, half of the population had half of the income...and the "bottom" 90% of the population had 90% of the income. Then everyone would be equal. That doesn't exist. But we know that incomes are more equally distributed in countries like Sweden and Slovenia than in countries like Brazil or Egypt. Sweden's Gini… [cont.]
Answered by Eric Rasmussen - Wed Jan 6 07:20:00 2010
Where do I find the income distribution for Australia, the US, Haiti and Papua New Guinea?
Q. For my maths task we need to find lorenz curve and gini coefficient, however ive been unable to find quintile income data from the same year for Australia, the US, and 2 undeveloped countries. I've been looking for data on Haiti and Papua New Guinea to no avail and hoped people would know where to look? Thanks
Asked by Johnny - Fri Jul 24 23:19:47 2009 - - 1 Answers - 0 Comments
Q. For my maths task we need to find lorenz curve and gini coefficient, however ive been unable to find quintile income data from the same year for Australia, the US, and 2 undeveloped countries. I've been looking for data on Haiti and Papua New Guinea to no avail and hoped people would know where to look? Thanks
Asked by Johnny - Fri Jul 24 23:19:47 2009 - - 1 Answers - 0 Comments
Because the United States has a progressive tax system, the distribution of income after taking into account..?
Q. Because the United States has a progressive tax system, the distribution of income after taking into account the effects of taxes and transfers is a. less equal than the distribution of before-tax income. b. more equal than the distribution of before-tax income. c. exactly the same as the distribution of before-tax income. d. none of the above.
Asked by sportzfan475 - Wed Jul 29 17:52:07 2009 - - 1 Answers - 0 Comments
A. Do your own homework! Gary
Answered by garyg7 - Wed Jul 29 18:32:30 2009
Q. Because the United States has a progressive tax system, the distribution of income after taking into account the effects of taxes and transfers is a. less equal than the distribution of before-tax income. b. more equal than the distribution of before-tax income. c. exactly the same as the distribution of before-tax income. d. none of the above.
Asked by sportzfan475 - Wed Jul 29 17:52:07 2009 - - 1 Answers - 0 Comments
A. Do your own homework! Gary
Answered by garyg7 - Wed Jul 29 18:32:30 2009
Where can I find/compute data for income distribution/inequality distribution for Asia over the last 40 yrs?
Q. I need Income distribution/inequality indexes/measures for Asia and/or Africa by country over the last 35 years. Theil, Gini, Atkinson, Lorenz etc. Living standars nmeasurements etc. Please help. Thank you.
Asked by Z - Mon Nov 13 12:59:20 2006 - - 2 Answers - 0 Comments
A. Try here: Links to this and other sources of data can be found here:
Answered by NC - Mon Nov 13 13:36:01 2006
Q. I need Income distribution/inequality indexes/measures for Asia and/or Africa by country over the last 35 years. Theil, Gini, Atkinson, Lorenz etc. Living standars nmeasurements etc. Please help. Thank you.
Asked by Z - Mon Nov 13 12:59:20 2006 - - 2 Answers - 0 Comments
A. Try here: Links to this and other sources of data can be found here:
Answered by NC - Mon Nov 13 13:36:01 2006
A major criticism of the marginal productivity theory of income distribution is that...?
Q. A major criticism of the marginal productivity theory of income distribution is that a. the demand for labour factors is price inelastic. b. achieving equality in incomes will take time. c. imperfectly competitive firms are only interested in profit maximization. d. productive factors are unevenly distributed, and this causes excessive income inequality.
Asked by Haley J - Sun Aug 30 01:33:47 2009 - - 1 Answers - 0 Comments
A. It doesn't fit the facts. 1. Look at all those financial industry execs who caused their firms to go bankrupt. Was their income commensurate with their (negative) productivity? 2. It has been observed that in the U.S. income inequality increases with Republican administrations and decreases with Democratic administrations. Does it make sense that individual marginal productivity should vary with the president so clearly? 3. The U.S. has the highest degree of income inequality in the developed world. Does it really make sense that the marginal productivity of American managers is so much higher than those elsewhere, while the marginal productivity of U.S. workers is so much lower? All the data seems to show that Japanese factories… [cont.]
Answered by simplicitus - Mon Aug 31 23:24:53 2009
Q. A major criticism of the marginal productivity theory of income distribution is that a. the demand for labour factors is price inelastic. b. achieving equality in incomes will take time. c. imperfectly competitive firms are only interested in profit maximization. d. productive factors are unevenly distributed, and this causes excessive income inequality.
Asked by Haley J - Sun Aug 30 01:33:47 2009 - - 1 Answers - 0 Comments
A. It doesn't fit the facts. 1. Look at all those financial industry execs who caused their firms to go bankrupt. Was their income commensurate with their (negative) productivity? 2. It has been observed that in the U.S. income inequality increases with Republican administrations and decreases with Democratic administrations. Does it make sense that individual marginal productivity should vary with the president so clearly? 3. The U.S. has the highest degree of income inequality in the developed world. Does it really make sense that the marginal productivity of American managers is so much higher than those elsewhere, while the marginal productivity of U.S. workers is so much lower? All the data seems to show that Japanese factories… [cont.]
Answered by simplicitus - Mon Aug 31 23:24:53 2009
How can education, size of household and age affect household income distribution?
Q. How can education, size of household and age affect household income distribution?
Asked by t_i_girly - Wed Mar 5 16:29:24 2008 - - 1 Answers - 0 Comments
A. Families have higher incomes than one adult households, here is household income by number of earners Earning increase with education level but I don't have the link to the data.
Answered by meg - Wed Mar 5 17:49:43 2008
Q. How can education, size of household and age affect household income distribution?
Asked by t_i_girly - Wed Mar 5 16:29:24 2008 - - 1 Answers - 0 Comments
A. Families have higher incomes than one adult households, here is household income by number of earners Earning increase with education level but I don't have the link to the data.
Answered by meg - Wed Mar 5 17:49:43 2008
I have rentsal loss, but don't have any income except IRA distribution, can I skip the rental loss till I am r?
Q. I have a rental loss in several years, but don't have any income except IRA distribution, can I skip the rental loss till I am ready to sell the property. I am living abroad and can not be back to take care the rental, so have a manager for me, but rental has loss anyway.
Asked by Money - Tue May 26 21:58:45 2009 - - 3 Answers - 0 Comments
A. Officially, you have an NOL, but only if the amount on line 38 (AGI) goes negative. You can carry that loss backwards and forwards, though it tends to evaporate a little each year. Your only technique is to stretch out the depreciation over longer years...but the election to depreciate over 40 years had to be made the first year the property was placed in service.
Answered by the tax lady - Wed May 27 02:37:49 2009
Q. I have a rental loss in several years, but don't have any income except IRA distribution, can I skip the rental loss till I am ready to sell the property. I am living abroad and can not be back to take care the rental, so have a manager for me, but rental has loss anyway.
Asked by Money - Tue May 26 21:58:45 2009 - - 3 Answers - 0 Comments
A. Officially, you have an NOL, but only if the amount on line 38 (AGI) goes negative. You can carry that loss backwards and forwards, though it tends to evaporate a little each year. Your only technique is to stretch out the depreciation over longer years...but the election to depreciate over 40 years had to be made the first year the property was placed in service.
Answered by the tax lady - Wed May 27 02:37:49 2009
What should be the ultimate goal,the equal income distribution or rise in standard of life. Why?
Q. What should be the ultimate goal,the equal income distribution or rise in standard of life. Why?
Asked by o o - Wed Nov 19 04:28:34 2008 - - 0 Answers - 0 Comments
A. the ultimate goal should be individual happiness. Now that being said, happiness cannot be quantified. What makes folks happy? If it's money, then how much makes a person happy? 1 mil? 2 mil? See, your question is more philosophical than economic. We would all like to see a rise in our standard of life, and if possible for all people. But that's unfortunately not how economic systems work. Someone's else gain is someone else's loss.
Answered by d00tchy - Wed Nov 19 04:49:46 2008
Q. What should be the ultimate goal,the equal income distribution or rise in standard of life. Why?
Asked by o o - Wed Nov 19 04:28:34 2008 - - 0 Answers - 0 Comments
A. the ultimate goal should be individual happiness. Now that being said, happiness cannot be quantified. What makes folks happy? If it's money, then how much makes a person happy? 1 mil? 2 mil? See, your question is more philosophical than economic. We would all like to see a rise in our standard of life, and if possible for all people. But that's unfortunately not how economic systems work. Someone's else gain is someone else's loss.
Answered by d00tchy - Wed Nov 19 04:49:46 2008
How do governmnet programs affect the distribution of income in the United states?
Q. How do governmnet programs affect the distribution of income in the United states?
Asked by zuck - Mon May 14 21:33:17 2007 - - 2 Answers - 0 Comments
A. They take tax money, presumably from those who have it to give and distribute it to those who do not have it with programs like EIC.
Answered by unknown - Tue May 15 10:51:59 2007
Q. How do governmnet programs affect the distribution of income in the United states?
Asked by zuck - Mon May 14 21:33:17 2007 - - 2 Answers - 0 Comments
A. They take tax money, presumably from those who have it to give and distribute it to those who do not have it with programs like EIC.
Answered by unknown - Tue May 15 10:51:59 2007
From Yahoo Answer Search: 'Income distribution'
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... share of the productivity they helped create (most of it went to those in the top one percent of the income distribution ) for the past three decades. ...
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me enjoy much more wealth than we need to get by consume resources at an alarming rate and consistently fail to take action to address world poverty Income Distribution Worldwide Vital Signs This small sampling of statistics may help give you a better feel for the magnitude of world poverty
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Perhaps the most important aspect of creating and planning an estate in California is preparing a trust for your children, especially for those children under.
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