Redistribution involves: (Points : 1)
the exchange of goods between people already associated with each other.
the systematic movement of wealth toward an administrative center and its reallocation by authorities.
the exchange of goods at prices.
the exchange of goods between neighbors
The correct answer is: the systematic movement of wealth toward an administrative center and its reallocation by authorities.
To arrive at this answer, let's break down the options:
1) "The exchange of goods between people already associated with each other": This option refers to the concept of bartering or trading between individuals who are already familiar with each other. It does not align with the definition of redistribution.
2) "The exchange of goods at prices": This option describes the process of buying and selling goods in a market economy. While this is a common economic activity, it does not capture the essence of redistribution.
3) "The exchange of goods between neighbors": This option implies that goods are exchanged specifically between neighbors. While it may reflect a close-knit community, it does not encompass the broader concept of redistribution.
4) "The systematic movement of wealth toward an administrative center and its reallocation by authorities": This option accurately describes redistribution. It involves the organized transfer of wealth or resources from individuals or groups to a central authority, which then reallocates those resources based on certain principles or goals. This can be done through various mechanisms, such as taxes, social welfare programs, or government interventions.
Therefore, the correct answer is the systematic movement of wealth toward an administrative center and its reallocation by authorities.