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Income Distribution and Culture

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The question below pertains not only to the manufacturing side of the economy but the consumer side as well. A product that might be inexpensive and common place in one country may be a luxury in another. The income distribution will influence how the item is purchased. Do you think that income distribution could be affected by the influences of culture?

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Solution Summary

The solution is composed of 1 paragraph dedicated to Islamic culture, and 1 to British culture, and how income distribution is affected and what products may/may not be purchased as a result of this.

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Absolutely.

Take, for example, countries where women have no property rights or are not allowed to work. You tend to see this in countries that are strictly Islamic. Property ownership has been one of the benchmarks of wealth for a very ...

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