08 Mar Research an issue related to Income, Inequality or Poverty which has negatively impacted the economy of a particular country or region of your choosing in the past or in the present.

Research an issue related to Income, Inequality or Poverty which has negatively impacted the economy of a particular country or region of your choosing in the past or in the present.

You should include all of the following in your 500- word text, but can choose to incorporate more information so as to provide a more complete response:

·       Very briefly describe the level of Income, Inequality or Poverty in the country or the region of your choice. You must use statistical data and factual information to address this question.

·       Briefly describe the cause and/or the adverse consequence(s) of Income, Inequality or Poverty in the country or region that you chose.

·       You must integrate at least two economic concepts such as lack of competition. market failure, externalities, public goods and income inequality to explain how Income, Inequality or Poverty was caused or has adverse consequence(s) for the country or region that you chose. You can use graphs or equations to relate the concept that you chose.

·       Use the knowledge acquired in this class to make a normative assessment and propose a policy recommendation that you believe would help to mitigate the causes or the adverse impact(s) related to Income, Inequality or Poverty on the country or region that you chose. (This last question will account for a significant portion of your Discussion Forum grade)

General Instructions

·       You must integrate some economic theories and apply them to your analysis.

·       You must state your interpretation of the information that you provided and then justify your interpretation using several arguments that you will need to explain.

·       You must appropriately reference all of your sources using the APA or MLA guidelines.