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Q.

Which nation is affected the most by economic inequality?


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a

Myanmar

b

Nepal

c

Pakistan

d

Bangladesh 

answer is D.

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Detailed Solution

Bangladesh is affected the most by economic inequality. More than 50% of Bangladesh's population is categorised as poor. People in several developing countries today depend on developed countries for everything, including food. This demonstrates how democracies don't seem to eliminate economic inequality in the real world successfully. Bangladesh has gained independence and established democracy, yet economic inequality still exists. Democracy has allowed Bangladesh the chance to change, and as a result, the country now boasts a remarkable history of growth and progress. Its economy has grown at some of the quickest rates in the world over the past ten years thanks to a demographic dividend, strong ready-made garment (RMG) exports, remittances, and stable macroeconomic conditions. After the COVID-19 pandemic, the economy of the nation soon recovered.
 
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