Etymology:
Meaning:
Redistribution refers to the process of reallocating assets or resources from one group or entity to another, typically with the aim of reducing inequality or promoting social justice.
Origin:
The concept of redistribution has been present in various societies throughout history. However, it gained prominence as an economic and political theory in the late 19th and early 20th centuries. It became a key principle of socialist and progressive movements, which sought to challenge the prevailing capitalist system and reduce wealth disparities.
Key Principles of Redistribution:
Historical Examples of Redistribution:
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