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Why does greater (income) equality make societies stronger
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Greater income enhances social mobility making it strong. This aspect further influences the incentives for growth. Therefore, such communities tend to be stable and independent. Research illustrates that greater equality is associated with higher rates of life expectancy (Chapman, 2016), lower crime rates, few teenage births, and great educational outcomes. Inequality influences the decisions made by the government especially due to prioritization of projects and economic development. That is clearly observed in the differences between the developing world and the developed countries. Greater equality presents opportunities for the society to handle issues focus being quality as opposed to quantity. Such instance also explains the reason why quality products last longer than substandard products mostly made and meant for a community with significant inequality rates.
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