Fred Campano and Dominick Salvatore

in Income Distribution

Published in print March 2006 | ISBN: 9780195300918
Published online May 2006 | e-ISBN: 9780199783441 | DOI:

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This introductory chapter distinguishes between the functional and the personal distribution of income. Sections of the chapter include wants and scarcity, positive and normative aspects of income distribution, adjustments to the circular flow of economic activity, and micro- and macroeconomic aspects of income distribution.

Keywords: basic needs; economic activity; normative; positive; scarcity; wants

Chapter.  4018 words.  Illustrated.

Subjects: Economic Development and Growth

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