Answer to Question #155408 in Microeconomics for bidisha pattnaik

Question

While providing poor students with midday meal package, what is the

government trying to improve efficiency or equality?

Answer 1

$\bold {Answer}$

The government will be trying to improve equality.

$\bold {Explanation}$

Equality is achieved when people in an economy have an equal share of the nation's income. In most nations, national income is concentrated within the few rich people whereas other people receive a little share. As an example, rich people will have a high access to food resources and other services, whereas the poor live in poverty and have a restricted access to more services in the economy.

To achieve equality, government redistributes economic resources by adjusting its spending. Providing poor students with midday meal package is a good example where the government seeks to promote equality amongst citizens. The government aims at bridging the gap between poor students and rich students in terms of access to food resources. Both the rich and the poor students will have an equal access and share of the national food resources.

On the contrary, efficiency concerns optimal production and allocation of the nation's scarce resources.