Based on the passage, which of the following actions is least likely to reduce s

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Question: Based on the passage, which of the following actions is least likely to reduce social inequalities? (2023)

Options:

Correct Answer: Promoting economic growth without regulation.

Exam Year: 2023

Solution:

Promoting economic growth without regulation is least likely to address social inequalities, as it may lead to greater disparities.

Based on the passage, which of the following actions is least likely to reduce social inequalities? (2023)

Based on the passage, which of the following actions is least likely to reduce social inequalities? (2023)

Step 1: Understand what social inequalities are. They are differences in wealth, opportunities, and privileges among people in society.
Step 2: Identify actions that can reduce social inequalities. These might include regulations, social programs, or policies that support equal opportunities.
Step 3: Consider the action mentioned in the question: promoting economic growth without regulation.
Step 4: Think about how promoting economic growth without any rules might affect people. It could help some people get richer but might leave others behind.
Step 5: Conclude that promoting economic growth without regulation is least likely to reduce social inequalities because it can increase the gap between the rich and the poor.

Social Inequalities – Differences in wealth, opportunities, and privileges among individuals or groups in society.
Economic Growth – An increase in the production of goods and services in an economy over a period of time.
Regulation – Rules or directives made and maintained by an authority to regulate conduct within a particular area.