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Sustainability (Theories and Models mentioned (Neoliberalism…
Sustainability
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No Poverty
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Model/Theory
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Kuznet's Hypothesis
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Industrialization will first increase income inequality when the city population have more access to resources and technology than the rural population.
However, the development of technology improves the country's welfare system, helps to improve the production of public goods, reduces the price for merit goods and allows education for everyone, so that the income inequality would be decreased by the economic development and therefore achieve sustainability
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