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Topic 11 Notes

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Topic 11 Notes for HSC 2011 Economics Course. Taught at top performing Eastern Suburbs Private School

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5 Pages Partial Study Notes > 2 Years old
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Topic 11 Notes
Topics this document covers:
Law Labor Business Economics Wealth Welfare economics Income Socioeconomics Distribution Economic inequality Income distribution Poverty Distribution of wealth
This is a Partial Set of Study Notes

Partial Study Notes typically cover only single topics of a unit of study or do not cover multiple topics in significant detail. They are generally less than 20 pages in length.

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Topics this document covers:
Law Labor Business Economics Wealth Welfare economics Income Socioeconomics Distribution Economic inequality Income distribution Poverty Distribution of wealth
Sample Text:
€¢ A major challenge of government policy during times of structural change is to ensure that the costs of adjustments and the benefits of prosperity are shared fairly between different groups in society • Economic evidence suggests that inequality in Australia is about the same as in other developed nations • During the late 1990s and since the mid 2000s, the level of inequality in Australia’s income distribution became more unequal, although there was an improvement during the early 2000s • Many of the factors that contribute to an increase in inequality are side effects of the policies that ...
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