Answer to Question #234920 in Microeconomics for corrie

Question

Apart from the mismatches of supply and demand in the labour market, what other factors are largely contributing to inequality levels within the country? 

Answer 1

1. Globalization
2. Technological change favoring higher-level skills and capital
3. Structural changes in labor markets
4. The rising importance of finance
5. The emergence of winner-take-all markets
6. Policy changes