The Level of Social Inequality Is Primarily Related to the Income System

2 Pages Posted: 1 Dec 2017  

Lazat Spankulova

Narxoz University; Almaty technological University

Date Written: September 30, 2017

Abstract

In the article the problem of social and economic inequality is considered.In Kazakhstan, 50% of workers and 30% of pensioners work in addition to earning extra income. The level of social equality (inequality) is primarily related to the income system. The sum of all the money spent on the material wealth of a person to a certain standard of living is, in fact, the result of economic activity. Revenues are classified according to source. They are divided into basic and additional types of income. In the conditions of a developed market economy, a person normally gets a certain kind of basic income. For those who work hard, this is a wage, and for entrepreneurs it is a net profit.

Keywords: socio-economic inequality, income, income inequality, Kazakhstan

JEL Classification: A12, A14, A13, A20, D10, D13

Suggested Citation

Spankulova, Lazat, The Level of Social Inequality Is Primarily Related to the Income System (September 30, 2017). Available at SSRN: https://ssrn.com/abstract=3079263

Lazat Spankulova (Contact Author)

Narxoz University ( email )

55 Zhandosov Street
7 Sain street
Almaty, 050035
Kazakhstan

Almaty technological University ( email )

г. Алматы, ул. Толе би, 100
г. Алматы, ул. Толе би, 100
Almaty, 050012

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