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1) age- age is a factor that causes income inequality in that young people have a betert drive to source for income than the more elderly people in society.
2) skills- where one has better technical skills to perform a certain job than the other then he has an advantage when it comes to the recruitment and this creates an earning gap
3)growth in technology- as technology grows most functions become automated and people end up loosing jobs. this means that the working class have more income than those that are rendered jobless by such changes in technology
4) gender- in some countries gender plays a role when it comes to education and consequently education. where there is gender inequality there is income inequality.
5) personal factors- some peolpe do not like large volumes of income or cash because of their own beliefs. this therefore means that they have less of cash and this causes inequality
kenwil answered the question on November 22, 2017 at 15:57
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