4. Discuss three problems that may arise from income inequality as it relates to development. (Chapter 9)

Answer by using a missing a minimum of 125 words.

As discussed below

Explanation:

Several problems result from income inequality as it related to development are Social, Economical, Political and Technological along with Psychological inequality. The social income inequality may be understood by the lifestyles and way of livelihood, seclusion from society and lack of educational and institutional infrastructure. Poor housing conditions and health issues. Economic inequalities related to the basic unequal distribution of wealth due to lower or poor wages and mortgage problems. No or low jobs and institutional awkwardness. Political inequalities related to instability of government and drastic changes in policies by the government, political instability, and unrest violence and war among nations for lands and property. Technological inequality related to low techno know-hows and redundant or low transfer to technology among nations. Psychological inequality is casts, class, race, and clans