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It’s sometimes said, half in jest, that the best antipoverty policy is to simply give the...

It’s sometimes said, half in jest, that the best antipoverty policy is to simply give the poor more money. Which of the following would be a disadvantage of such a policy?

  • People would have less incentive to work hard.

  • More equal societies tend to experience greater growth.

  • Big income differences cause political strife.

  • A wide gap in income is immoral.

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Answer #1

Ans) the correct option is People would have less incentive to work hard.

If the poor people will be given more money, they will not have any incentive to work hard because they will get the money irrespective of how do they work

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