Answer :
Answer:
Economic inequality (also known as the gap between rich and poor, income inequality, wealth disparity, or wealth and income differences) consists of disparities in the distribution of wealth (accumulated assets) and income. As we know, Latin America is the most unequal region in the world. This lack of equality that characterizes the region is undoubtedly a major barrier to its economic development. ... The main reason Latin America fails to reduce inequality is the precarious tax system and its weak redistributive power.
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