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2.2 What are the implications of income distribution on economic growth?

2.3 How can countries in the North and South collaborate to address the challenges of climate change?

Sagot :

GinnyAnsweridn

Final answer:

Income distribution impacts economic growth. Collaboration between countries is essential to address climate change.


Explanation:

Implications of Income Distribution on Economic Growth

Income distribution plays a crucial role in shaping a country's economic growth. When income is unevenly distributed, it can lead to social unrest, decreased productivity, and hindered economic development. High income inequality can also result in lower consumer spending, weaker demand for goods and services, and hinder overall economic growth.

Countries Collaborating on Climate Change

To address the challenges of climate change, countries in the North and South can collaborate by sharing knowledge, technology, and resources. This collaboration can lead to joint efforts in reducing carbon emissions, implementing sustainable practices, and developing climate-resilient infrastructure. By working together, countries can make meaningful progress in combating climate change and protecting the planet for future generations.


Learn more about Income distribution and economic growth here:

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