Choose the given statement that is true/false.

Democracies don’t appear to be very successful in reducing economic inequalities.

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True

False

answer is A.

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Detailed Solution

The above statement is true.
Political equality is the foundation of democracies. When picking representatives, every person's vote is equally important. The struggle to level the playing field for those seeking political office coexists with rising economic inequality. Very few ultra-wealthy people obtain a wildly disproportionate share of wealth and income. Furthermore, their share of the nation's total revenue has been increasing. Those at the bottom of the social scale rely on meagre resources. They sometimes struggle to meet basic requirements, such as food, clothing, a place to live, education, and health.

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