
Theories of distribution
Theories of distribution explain how income and wealth are divided among individuals and groups in society. They explore different ideas for how resources should be shared—some advocate for equal distribution, where everyone gets the same, while others support distribution based on effort, contribution, or needs. These theories help us understand the reasons behind economic inequality and guide policies to create fairness. They consider factors like productivity, social justice, and economic efficiency to determine the best way to allocate resources in a society.