UNIT I DQ MBA 6053

 Part II: There is growing concern about poverty and income inequality.  These two concepts, however, are not the same. Income inequality deals  with the percentage of income earned by the different income groups,  while poverty is concerned with how difficult it is for the poor to meet  basic needs. In Section 1.4, you read about deontological and  consequential approaches to ethics. Using those approaches, evaluate how  well free market systems versus government intervention in markets  address poverty and income inequality. Include in your discussion an  explanation of how people in a free market economy, acting in their own  self-interest, can better those around them. 

200 WORDS