Patterns of Social Inequality and Exclusion

Patterns of Social Inequality and Exclusion

Question

What is the popular and well accepted principle of labour?

Answer

As per this economic rule, if all other things are remained equal or constant then personal effort, talent and luck would surely account for all the differences between individuals viz. his share in income accrued, shall increase and he will enjoy higher standard of life as compared to other who doesn't perform as hard labour as he does.

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