Economics · Inequality Concepts
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: Opportunity inequality refers to the disparities in access to structural enablers such as education, healthcare, credit, and social networks that determine future outcomes. Reason R: Outcome inequality measures the unequal distribution of access to education, healthcare, and social networks across individuals and households. In the light of the above statements, choose the most appropriate answer from the options given below:
- 1Both A and R are correct and R is the correct explanation of A
- 2Both A and R are correct but R is NOT the correct explanation of A
- 3A is correct but R is not correct✓
- 4A is not correct but R is correct
Correct answer
A is correct but R is not correct
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