VgCarlos362 VgCarlos362
  • 02-03-2022
  • Social Studies
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Why did inequality increase for most of human history?.

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dorahgervais22 dorahgervais22
  • 03-03-2022

Answer:

Growing inequality was connected with urbanization and the establishment of economic surpluses in the pre-industrial age. With population increase, there was a tendency for labor returns to fall relative to returns on land and capital. In the contemporary period, technological advancement has exacerbated inequality by increasing the value of capital and expertise.

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