Accelerated trends in economic inequality can have several potential effects on the economy. They can lead to a decrease in overall economic growth and stability, as a larger proportion of the population may struggle to afford basic necessities, leading to decreased consumer spending. This can in turn lead to businesses suffering and potentially even more job losses. Inequality can also lead to social unrest and increased crime rates, which can further destabilize the economy. Additionally, it can lead to a decrease in social mobility, making it harder for people to improve their economic situation.
What will the world of business look like after the coronavirus pandemic? The pandemic will accelera...
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