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Functional distribution and personal distribution

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Functional distribution and personal distribution
  • 2 answers

Nitin Nainani 6 years, 3 months ago

Functional distribution is distribution of income among factors of productio(land , labour,capital etc.) Personal distribution is distribution of income among the consumers or people in the economy.

Raghav Khandelwal 6 years, 3 months ago

Functional mean unequal distribution of income between rich and poor Divisional mean equal distribution of income between all the people
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